The oil market plunge lead the market to reassess the prospect of recovery and triggered another wave of risk-off sentiment, Technically, the previous wave of GBPUSD rebound failed to firmly break out 60 MA resist and fell, dropped sharply and is currently below all MA resists, daily MACD is also declining, the sign is weak and might have more chance to fall.
Chart PatternsIDEATechnical IndicatorsTrend Analysis

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