GBP/USD Review, September 6-10, 2021 | worldforex
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GBP/USD Review, September 6-10, 2021
06 September 2021

The currency pair surged last week and tested the descending trend line due to the weaker than expected US Non-Farm data and the uncertainty about the Fed’s next steps on the monetary policy tightening.

We expect GBP/USD to test the descending trend line this week. If it breaks the descending trend line out, the next target will be at 1.3906.

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