GBP was not strong enough to withhold the USD last week, having a movement downwards to Price 1.25260 last friday if the British currency will stay strong their is every tendency it will meet 1.26200 this week How ever if the USD breaks down below then we should be expecting another downward movement of the currency pair.But for me am expeccting a long movement.
Support and ResistanceTrend AnalysisWave Analysis

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