GBP/USD: Bears Taking a Breather Above Important Supports

<p>Pullback from new 2023 peak extends into sixth straight day, although bears face headwinds at important support zone at 1.2866/43 (50% retracement of 1.2590/1.3141 upleg / 20DMA) and consolidating above these levels in European session on Friday. Oversold stochastic contributes to scenario, however, consolidation is likely to be narrow and short, as dollar continues to […]</p>
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