GBPUSD Forex Analysis - Rally Fails At 1.1409 Monthly Resistance

GBPUSD Forex Analysis - Rally Fails At 1.1409 Monthly Resistance

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Hi Traders, watching price levels on the GBPUSD daily and 15 minute charts.

Price declined back below the 1.1409 monthly resistance level yesterday.

1.1392 – 1.1409 the 62% fib retracement level, the Figure, and monthly resistance level.

Watching for price to rally and fail at this intraday resistance area for a further decline below yesterday’s low.

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