GBPUSD Weekly Analysis - October 2, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 02 October 2016 12:40 UTC
GBPUSD is testing 1.2795 support, a breakdown below this level will signal resumption of the downtrend from 1.5016, then next target would be at 1.2000 area. Key resistance is at 1.3480, only break above this level could signal completion of the downtrend.

gbpusd chart

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