GBP/USD Signal - USD Continuing Jobless Claims - 22 Jul 2021

GBPUSD has retraced in a downtrend prior to the USD Continuing jobless claims data, which shows the number of people remaining on unemployment benefits. Technically the GBPUSD is trending to the downside and has retraced to a key level. The RSI generated a sell signal and price has rebounded from the upper bollinger band, generating a mean reversion signal.

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