GBP/USD drops to 1.3300 again

28 בנוב׳ 2020

Cable's move lower to 1.3300 has taken the pair back to the bottom of recent day’s ranges. For now, cable is holding up at support in this area, but if the bottom of this week’s range were to go, that would open the door to a move lower towards Monday’s low just above 1.3260 and then onto last Thursday’s low around the psychological 1.3200 mark.

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