Daily
Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0
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-βLong term support at 1.4350 remains of interest but daily and weekly divergence with momentum at price lows cast doubt on whether GBPUSD reaches that level.β
-βThe sharp turn higher (and pending weekly reversal) is promising for longer term bottoming prospects, especially in light of the mentioned divergence.β