- Selling from Middle Eastern accounts influences 35 pip retreat from 1.5538
- Sub-1.55 bids likely to be near 1.5480 (last week's high)
- Stops above 1.5480 & 1.55 were tripped in early European trade
Technicals
Add as a preferred source on GoogleGBP/USD pulled down by Middle Eastern account selling
Selling from Middle Eastern accounts influences 35 pip retreat from 1.5538 Sub-1.55 bids likely to be near 1.5480 (last week's high) Stops above 1.5480 & 1.55 were tripped in early European trade
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