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#GBPUSD After bouncing off resistance at the 1.40 level, the | Pine Street Capital - Trading & Investing

#GBPUSD

After bouncing off resistance at the 1.40 level, the movement over the past 24 hours seems to indicate a bearish bias on cable.

A clean break throught the 1.39 psychological level could open the doors to retesting the lows that we saw last week.