GBP/USD rallied hard on the elections announcement (see five reasons). After hitting a swing high of 1.2905, the pair went into consolidation mode. What’s next? Here are two levels: Here is their view, courtesy of eFXnews: GBP: Bounce More Than Just A Position Squeeze; Towards 1.30-135 Range – BTMU BTMU FX Strategy Research argues that the [...]
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