38.2% retracement: The GBP/USD has been retreating from the 2013 falling trendline and has pushed lower after breaking below March’s rising trendline. However it found support just below 1.51, at the 38.2% retracement of the March rally. As we get started with the 5/28 session, cable continues to…

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GBP/USD Technical Levels and Scenarios
