GBP/USD Technical: Sell-off Almost Reached Key Support Ahead of BoE
<p>The recent weakness seen in the GBP is due to a broad-based strength in the US dollar as a short-term safe haven refuge triggered by global risk-off behaviour. The accumulated 462 pips decline seen in the GBP/USD since the 14 July high of 1.3142 has almost reached the key medium-term support of 1.2630. A clearance […]</p>
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