GBP is stuck in a narrow range despite any news. The NFPs have produced more movement in other less volatile pairs, while pound has barely reacted to the news. The pending elections in the UK are the next main risk event for GBP. As usually, the pair could act against any odds with the flow of adverse news on elections. I would stay away from the currency until the dust settles. Technically GBPUSD support remains at 1.277, resistance at 1.305. The price targests in case the SR are broken would b…
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