Having found fresh buyers once again near 1.3535 region, the GBPUSD pair made another recovery attempt above the midpoint of 1.35 handle, but the sellers continue to lurk above the last.

GBPUSD headed to 1.3500?

The spot printed fresh fifteen-month tops at 1.3619, but failed to sustain at higher levels and fell sharply below the 1.36 handle, as markets seek to book profits on their GBP longs ahead of the UK retail sales data and FOMC interest rates decision due later in the week ahead.


Source: http://www.fxters.com/gbpusd-technical-analysis-recovery-remains/

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