GBP/USD Candlesticks and Ichimoku Analysis

[Forex-Outlook]

The British pound continued to move lower after breaking indicated support at 1.5832, price then fell below support at 1.5708, confirming a downside break of indicated range of 1.5708-1.7044 has taken place and almost reached our suggested target at 1.5500 (yesterday's low is 1.5535). As the chart showed a weekly...

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