GBPUSD drops from 1.3700

Author: Giles Coghlan | Category: News

GBP tumbles

This is also a very interesting spot on the GBPUSD chart. The price has pulled back from all time highs and failed to carry on through recent highs at 1.3740 circa. 

This means a short at market back into the range is on with the current risk off tones supporting the USD. Selling at market makes sense with stops above 1.3740. 

GBP tumbles

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