GBPUSD after taking a good dip earlier this week seems to take some retrace and gradually head towards 1.5715 level and from there it seems to take another good dip towards 1.5530 level. RSI is around 43 in daily charts and don’t seems to play much part in this moment at the moment.
On the upper side, a good weekly resistance can be seen at 1.5785 and if GBPUSD manages to break above that level, then we will be looking it to target 1.5855 level.
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