GBPUSD is under heavy selling pressure the last six trading days and now have reached oversold level. I expect a rebound from current levels as the price approaches the 100 MA which can be a strong support and rebound level. USD is outperforming the last week the majors as traders betting for one more rate increase by December. The rebound can drive GBPUSD above 1.3350 at the point that the correction started.
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