GBP/USD Continues to Consolidate above a Rising Channel Support

Rising channel: The GBP/USD remains trading in a rising channel since the 1.4830 March and 2013 low. However, since hitting 1.5411, cable fell lower and has been consolidating since. It has come down to around the 1.52 handle, almost testing the rising channel support. So far, the market remains…

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GBP/USD Continues to Consolidate above a Rising Channel Support

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