GBP/USD dives through 1.3, risking more downside acceleration

<p>GBP/USD dives sharply through 1.3 handle today, breaking through 1.2971 low too. Immediate focus is now on 61.8% projection of 1.3641 to 1.2999 from 1.3297 at 1.2900. Firm break there could trigger more downside acceleration to 100% projection at 1.2655. Watch out!</p>
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