What’s next for GBP/USD after the recent rally?

The GBP/USD enjoyed optimism on Brexit and also US Dollar weakness following the weak US inflation report. After topping 1.3100, what’s next? The Technical Confluences Indicator shows that cable faces significant resistance at 1.3188 where we see the convergence of the Pivot Point one-month Resistance 1, the Pivot Point one-day Resistance 2, and the Simple Moving Average 100-one-day. Further up, a […]

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