GBP/USD Price Analysis: Bulls about to show their commitments GBPUSD Technical Analysis
GBP/USD is meeting a 78.6% Fibonacci level of the prior bullish impulse., the bears are staying the course in a drift to the downside ahead key US data today. It was stated that the price was still very much on the front side of the trend. However, the analyses also noted that the hourly micro trendline was under some pressure while a break of the 1.2140 structure was needed to cement the bearish case for the day ahead.
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