GBPUSD was stronger and more volatile than EURUSD on Friday as it made a move up of 50pips hitting my sell level at 1.2691 before coming down 30pips with a high at 1.2701. Weekly price action looks neutral to bullish but daily price action is bearish. As long as 1.2691 holds, look for further downside to target below levels with 1.2597 as near term target.
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