GBP/USD forecast - page 108

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Victoria Jensen:
The pair continues moving to the downside, next target is likely at 1.2900.

Final tagret 1.2790

 
The pair reached a low at 1.2920, next target may be below 1.2900.
 

GBP/USD is ndermined by Brexit-related concerns and entered into consolidation mode below 1.1300. Strong support is lying at 1.2920 (the weekly low), which if broken to below increases the risk for downward slump and marking fresh yearly lows.

 
It did break out below 1.2900, next target is likely at 1.2830.
 
Sterling rose today, there was a strong support that was broken so I expect more to the downside.
 
It has almost reached 1.2830 and it will likely break out below that level too.
 
The move to the downside continues, next target is likely at 1.2700.
 
GBP/Usd is consolidating around 1.275 because of quiet Monday, but there are no signs of indicating downward exhaustion.
 
Brexit uncertainty continues weighing on Pound, the pair remains strong downward slopes, immediate support can be found at 1.2720.
 
It has almost reached 1.2700 and it will likely break out below that level.
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