Trade Idea: GBP/USD - Sell At 1.5865

[Forex-Outlook]

Current breach of recent low at 1.5770 confirms the decline from 1.7044 top has resumed and downside bias remains for a stronger correction of recent upmove to 1.5690-94 (38.2% Fibonacci retracement of entire rise from 1.3500 to 1.7044 and 61.8% projection of 1.6470 to 1.5770 measuring from 1.6127), however, reckon...

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