GBP/USD Weekly Review, March 16-20, 2020 | worldforex
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GBP/USD Weekly Review, March 16-20, 2020
16 March 2020

The currency pair declined sharply last week after the decision of the Bank of England to cut rates. GBP/USD has tested the support at 1,2372 and stays below this level.

We expect the currency pair to develop its downtrend towards 1,2108. Otherwise, GBP/USD will test 1,2372 from below.

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