GBP/USD - Is the only of the three crosses in my post from earlier today that has broken above its resistance, which has extended the correction from 158.02, but as can be seen the break was clearly a failure break above 159.38 and in combination with two bearish candles I think it represents a nice selling opportunity for the aggressive trader with a stop at 159.70. The more conservative trader will wait for a break below 159.10 and sell with the same stop for a decline towards 158.00.
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