GBP/USD Analysis - Bounded between strong resistance and support

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*** GBP/USD - is currently bounding between 3750 resistance and 3580 support. We may see it move sideways before breaking higher or lower. On the monthly, we do see a strong impulse to the upside and prefer to see a correction back to previous resistance which will become future support.

We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.

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Brian Kenya Horton, BK Forex Academy