GBP/USD price moves in really broad consolidation between support and resistance zone. Price started to gain some momentum after the last contact with the down limit of our range. It seems however, that these are only corrective movements, after last really strong decreasing impulse. Price approached a line that connects previous local highs – it should be a good spot to activate bearish momentum. Breaking above the blue horizontal line should change the situation and give buyers additional strength – after that attacking the resistance zone should not be ignored.
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