HomeLive CommentsFresh selling in GBP as led by EURGBP, then GBPUSD

Fresh selling in GBP as led by EURGBP, then GBPUSD

Fresh selling is seen in GBP as it breaks Friday’s low against all but AUD and NZD.

EUR/GBP led the way higher earlier as rebound from 0.8620 resumed. 6H action bias turned upside blue earlier after stabilizing above 0.8790 resistance. H action bias is a bit slower in response to today’s rise. H action bias turning upside blue later in European session will affirm affirm underlying momentum.

GBP/USD 6H action bias remains all the way downside red, together with downside red D action bias. Clearly, the near term decline is in healthy state to 1.3711 support.

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