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SEB: GBP/USD under 1.6162 would be bearish anew.- eFXnews

FXStreet (Łódź) - The eFXnews team note that SEB sees the GBP/USD short-, medium-term resistance in the 1.6525 pivot, in the form of an unorthodox 233day 'Kijun Sen.'

Key quotes

"Keep (this resistance) in mind and as long as not breaking back over 1.6416 is thought to mark a correctional high."

"To confirm this violation below 1.6162 is however needed."

"Current intraday stretches are located at 1.6175 & 1.6325."

'This content has been provided under specific arrangement with eFXnews.'

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