GBP/USD is correcting, still likely to fall. Estimated pivot point is at a level of 1.2738. Main scenario: Consider short positions below the level of 1.2738 with a target of 1.1177 – 1.0687 Alternati
The US Dollar may rise if consumer sentiment and spending data print worse-than-expected figures and reignite demand for liquidity and push the haven-linked Greenback higher.
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