Sasha Singh
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GBPUSD : Technical Outlook

GBPUSD broke the support trend line of the descending triangle to continue its downtrend on the daily chart. However the pair might find support at the support trend line which was acting as a support for the pair before as well. One can consider buying this dip.If the pair goes up from this support trend line it may find resistance at 1.6569 and again fall from this level.