GBPUSD

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GBPUSD

GBPUSD continues to be weak. The price has moved below the 1.2015 horizontal level again. As long as it remains below this level, we will have bearish expectations. The 1.1837 level has not been tested recently. If the dollar index strengthens enough, we may see this decline. 16:30 Unemployment Claims data will be closely monitored. Support: 1.1925 - Resistance: 1.2015 – 1.2182