The British currency starts Thursday’s session from declines. The cross with Frank on H4 chart shows that the bears target can be well-respected trend line. From this line the price has already rebounded four times and it have been always strong, dynamic reflections. Today the technical approach can be compatible with the fundamentals. At 10:30 we will know GDP figures from Great Britain. During this time the pair should test the trend lines. Positive surprise should lead to rebound from the line. If this happens, buyers will meet resistance in the area of 1.3170, which for a long time the pair is not able to break.
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