By Admiral Markets
GBP/USD bearish momentum is strong and the break of the 1.22 support should create a breakout setup once a bearish chart pattern appears. The EUR/USD remains mixed and a clear breakout above or below critical trend lines is a must. The AUD/USD is only interesting at 2 major levels according and the USD/JPY has reached a major break or bounce zone.
Article by Admiral Markets
Source: GU Bearish Setup, UJ Breakout Trade and USD Analysis
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