GBPUSD has fallen from the highs amid Brexit tensions. With no recent developments Cable appears to have put a bottom in place at least in the short term. The trend remains bullish and stochastic as displayed a bullish cross in an oversold market. TPs should be conservative around 1.23.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.