The GBP/USD is last at 1.5216, off session highs at 1.5224, moving higher from the very beginning of the week, amid a very slow Asia-Pacific trade, making lows at 1.5187. “Cable has formed a double-bottom with a neckline at 1.5150,”
noted FXWW founder Sean Lee, who thinks is “reasonably good risk-reward in being long with stop-loss below 1.5130,” the analyst said.
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