GBP/USD: Support from the confirmed uptrend from last September at 1.2762 to ideally hold – Credit Suisse GBPUSD Technical Analysis Banks
We look for further weakness yet to test the confirmed uptrend from September last year, today seen at 1.2762. Our bias would then be to look for the market to try and find a floor here for an eventual resumption of its broader uptrend.
Below 1.2762 would see the uptrend break to warn of a deeper pullback to the 55-DMA and price support at 1.2672/54 but with fresh buyers expected here.Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.
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