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GBP/USD Price Analysis: Further downside hinges on 1.3655 break

FXStreet.com
 2022-01-16

Cover picture for the articleGBP/USD remains depressed, keeps last week’s pullback from 200-DMA. Receding bullish bias of MACD, nearly overbought RSI signal further weakness. Previous resistance line from September, two-week-old support line limit immediate downside. 78.6% Fibonacci retracement level, 100-DMA act as additional trading filters....

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