Chart of The Day $GBPUSD 12-20-2016

On the GBPUSD daily chart we can see that the pair has broken below the wedge 1.2500 level and is heading for a test of 1.2330 which could lead the pair for a retest of 1.2200. Reaction to this level  would indicate basing or downside continuation.

Happy trading! (click on the chart to enlarge it)


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