GBPUSD, DailyPrice has closed for the week just under the 1.40 level where we have seen has been acting as resistance for a while now. Once we see a clear break and retest and then continued rejection to this level, we could easily see price continue the long-term channel and head towards making the next high in this market. UK producers face significant barriers to EU trade ever since Brexit, with tensions in the fishing sector escalating. The pound may take note of the discouraging headlines at the weekly opening.
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