GBP/USD Tests Short-Term Channel

<p>Yesterday, the GBP/USD exchange rate was testing the upper boundary of the short-term descending channel. During Wednesday morning, the rate continued to test the given line. From a theoretical perspective, it is likely that some downside potential could prevail in the market. In this case the currency pair could target the Fibo 38.20% at 1.2190. […]</p>
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