GBP/USD Price Analysis: Bulls stay in control and eye a test of trendline resistance GBPUSD Technical Analysis
Bulls eye a move to test trendline resistance. could be on the verge of a move higher but a retest of the prior resistance could also be in order. The bears are seeking a break of a key daily support structure while the bulls are relying on a move to test trendline resistance.On a break of daily support, 1.1900, the bias will be on the downside with the price below trendline resistance. This would mark a bearish head and shoulders with the price below the neckline.
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