GBP/USD: The latest daily close below 1.5870 confirms our bearish outlook and should now open the door for a bearish resumption back towards the key October lows at 1.5270 over the coming days. Next key support comes in at 1.5630, while any intraday rallies are expected to be very well capped below 1.6000.
--- Written by Joel Kruger, Technical Currency Strategist
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