GBPUSD broke below 1.2548 support, indicating that the uptrend from 1.2302 had completed at 1.2774 already. Deeper decline would likely be seen in a couple of days and next target would be at 1.2300 zone. Resistance is at 1.2660, only break above this level could trigger another rise towards 1.2900.
For more short term forex analysis and info visit via GBPUSD Daily Analysis - December 15, 2016 . Thanks for your support.
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