GBPUSD – 07.10.2016


gbp_usd_07-10-2016

After breaking 1.2600, the GBP/USD pair “plummeted” and extended the wave almost twofold. Right now, the market is moving back to 1.2600. We think, today the price may test 1.2633 from below and then continue falling inside the downtrend with the target at 1.0600.

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