GBP has broken support, and can retrace back to support before going down to 1.79000. Over time price could head to 1.76000 which is support for an ascending channel I spotted on the weekly timeframe. Also there is important news coming up in approximately 11Hrs from this post, things like the Bank of England interest rate, Monetary Policy Summary, and more.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.