GBPUSD Weekly Analysis - September 25, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 25 September 2016 14:29 UTC
GBPUSD is facing 1.2795 support again, a breakdown below this level will indicate that the downtrend from 1.5016 has resumed, then next target would be at 1.2000 zone. On the other side, rebound is possible before breaking below 1.2795 support, and a break above 1.3140 level could bring price back to the trading range between 1.2795 and 1.3480.

gbpusd chart

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