GBPUSD Weekly Analysis - August 28, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 28 August 2016 08:13 UTC
GBPUSD stays within a trading range between 1.2795 and 1.3480. As long as 1.3800 key resistance holds, the price action in the range could be treated as consolidation of the downtrend from 1.5016, and another fall to 1.2000 area could be expected after consolidation.

gbpusd chart

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