GBP/USD Deja Vu: Levels & Targets

The long-term GBP/USD chart continues to show a similar pattern developing to that seen in the 1990s, notes CitiFX Technicals. “In 1992, GBPUSD collapsed from just over 2.00 (3 years before the Exchange Rate Mechanism crisis) after which it rallied low to high (1.7178) for 68 months. In 2008, G…

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GBP/USD Deja Vu: Levels & Targets – Citi

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