On the currency pair GBP USD price reached the resistance level, which is the trend line led from the top of November 2015. This resistance has already been tested several times and hold well this time. It seems that the price can slump today because during the test was visible supply pressure. Support for prices is, in the case of a line led from this year’s minimum. If the bears have to keep control on the market it is possible that today the price will to slide, therefore reasonable approach might be an option to decline (PUT).
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