EUR/GBP is pushing GBP/USD atm.
EUR/USD fell after statement by senior German official that he is more pessimistic than last week on overall summit deal.
" My view on GBPUSD - Price is already in a great support area across all higher time frame, but the downtrend is still intact. Price will break through 1.45540 and can go upto 1.42235 , and can have a retrace upto 1.50755. Let know your views."
Currently, it seems GBP is in continuation trend and is likely to go further high if the symmetric triangle lines are broken up by the trend. Likewise can go down if it breaks the upward slopping trend line.
The pound has almost reached the first target for reduction. Then we have to wait how the situation will develop further, and enter the sample or rebound from the level.
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