GBP/USD Price Analysis

Price outlook on GBPUSD. Price finally broke out of consolidation . Overall the move will be down. The 1.3800 mark (coinciding with the 38.2% Fib. level) now seems to protect the immediate downside. Sustained weakness below might turn the GBP/USD vulnerable to accelerate the slide back towards the intraday swing lows, around the 1.3755 zone.

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