GBP/USD Testing Support Around 1.52

Support pivot: The decline in GBP/USD has been sharp since retreating from the 1.56 area. Now about 400 pips lower, GBP/USD is trading at a support area around 1.52. The 4H chart shows that we saw support here in April. So far we did indeed get a reaction during the 5/15 European session, but it has…

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GBP/USD Testing Support Around 1.52

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