GBP/USD: Break of Pivotal Supports Risks Further Weakness

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<p>Fresh leg lower extends into third straight day, with increasing downside risk seen after break of pivotal supports at 1.2170/22 (trendline support / Oct 13 former higher low). Close below 1.2122 to confirm signal and expose targets and key near-term supports at 1.2037/00 Oct 4 new multi-month low / psychological). Daily chart studies are bearish, […]</p>
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