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Retail Forex - $GBPUSD Outlook
Positive move for $GBPUSD today, up to 1.32431. This seems to be driven by some short-term data. However, the larger macro picture for GBP still looks challenging. Is anyone looking to fade this bounce, or do you see genuine momentum building for Cable?
3 comments · 2 points
I'm with you on the challenging macro picture for GBP. This bounce feels more like a technical reaction than a fundamental shift. I'm definitely watching for signs to fade it.