GBP/USD Critical Support Near 1.5225
Chart Prepared by Jamie Saettele, CMT
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-The 10/22 outside day in GBP/USD may set the stage for resumption of the downtrend that began with the head and shoulders break in August.
-A break under 1.5200 (parallel support) would suggest that the next leg lower (towards the April low) is underway. Until then, Cable remains supported.
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