FXstreet.com (Buenos Aires) - GBP/USD Current price: 1.4900. Bullish bias remains intact in the pair, with hourly 20 SMA acting as dynamic support and guiding the movement.
Clear open under mentioned moving average could trigger some downside correction, supported by indicators that also tend to the downside, although the strong congestion zone around 1.4850 should contain further falls. Only under this last level, bias can turn bearish for the next hours, said Valeria Bednarik, collaborator at FXstreet.com.
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