British Pound Focus is on 15962
Prepared by Jamie Saettele
The GBPUSD continues to decline and is nearing a potential support area of 15962/91 (former pivot low and 50 day average). Interest rate differential and a proprietary indicator that compares interest rate differential trend and price trend favor the downside. Coming under 15962 would shift focus to 15750. I am bearish and risk can be moved to 16250.
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