GBPUSD is now just above the support level and testing it. The price tested the resistance level and fail to close above it. The support is at 1.5890 and resistance is at 1.5990.
The GBPUSD is above the 100MA of daily tf and just below 100MA of weekly tf. The price may either break above the down trendline or below the rising trendline.
By The Backyard Burner
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