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GBP/USD comes under pressure
After trying to push through $1.2477 yesterday, GBP/USD is coming under some early pressure.
The sellers will need to push the price through $1.24 and then on to the lows of the beginning of the week, just above $1.23, with a close below here opening the way to $1.21.
A bullish move needs to close above the 50-day simple moving average (SMA), currently $1.2508.