GBP/USD could retest 1.26 on failure to defend 1.2850/1.2790 – SocGen GBPUSD Technical Analysis Banks
An initial bounce is expected, however, 1.3025 is likely to contain
In case the pair fails to defend 1.2850/1.2790, a retest of the lower band of the channel at 1.2600 can’t be ruled out.Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions.
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