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GBP/USD – Looks set to test Aug low

FX:GBPUSD   British Pound / U.S. Dollar
Pair’s inside day candle pattern followed by a bearish break below Friday’s low of 1.2994 and a drop to 1.2960 suggests the pair is likely to head towards August low of 1.2865 levels over the next few days. This is purely a chart based view and a dovish Fed could of course trigger correction.

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