Source: Thomson Reuters
- 1.4790 new 57mth low for GBP/USD, sub-1.48 stops noted but no follow through
- A US name blamed for shutting the door at 1.4840
- Hourly action shows GBP/USD price nudging the 30H Bolli base line
- Offers 1.4820-30 and again at the previous 1.4840 pullback point
- May 7 election event risk to limit GBP lifts but still see 1.4840/90 risk


GBPJPY Bulls on Guard: Buy the Dip at 206 as Support Holds Firm – Target 208 in Sight
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