On the GBPUSD chart for today the price appears to move in downward trend as a red dots appear above the bars and as the price still lower than the strong resistance of 1.6216 which is also the weekly pivot point and it is likely for the price to keep going south unless it hit the weekly pivot support at 1.5943 On the other hand if the price breaks the 1.6216 resistance and also get a bullish signals by a blue colored dots it is expected to keep going north till the 1.6358 resistance as the next weekly pivot level.
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