GBP/USD Review, December 7-11, 2020 | worldforex
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GBP/USD Review, December 7-11, 2020
07 December 2020

The currency pair developed the uptrend along the ascending local channel, and attempted to leave it. However, we have a Shooting Star pattern, formed due to the mixed US Labor Market data. 

The closest target is 1.3267 if the currency pair is going to reverse. However, if we see it developing the uptrend, it is going to target 1.3581.

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