GBP/USD: Risk of Recovery Stall on Close Below Cloud Base

<p>Cable continues to move within thickening daily cloud and hit new marginally higher two-week high on Tuesday, but quick pullback warns that bulls might be losing traction. Near-term action is expected to keep slight bullish bias while holding above cloud base (1.2725) reinforced by daily Tenkan-sen, however, today’s action is so far shaped in red […]</p>
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