GBP/USD: Bears Hold Grip and Look for Signal of Bearish Continuation

<p>GBPUSD remains at the back foot on Wednesday and holding just above new 11-week low at 1.2527, posted on Tuesday after 0.5% daily drop, which completed bearish engulfing pattern on daily chart, adding to negative near-term signals. Bear-leg off 1.2746 (Aug 30 lower top) is attempting to complete a failure swing pattern on daily chart, [&#8230;]</p>
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