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GBP/USD heading lower
Further losses for cable last week confirm the downtrend, but for now, the $1.4350 level is holding as support, with the pair oversold intraday. Bears may therefore want to wait until a rally materialises, perhaps up towards $1.4450.
A close above $1.45 would likely turn the pair bullish, but for now selling into strength with a target down towards $1.42 would seem to be the approach.