In-spite of Brexit and political drama in UK, movement in GBP/USD continue to track its short term cycle very well. Large speculators continue to be bearish on this pair (as per commitment of traders report) and this shows up in lack of any upside in-spite of correction in US Dollar so far.
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| GBP/USD Short-term daily cycle |
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| GBP/USD COT - 06/25/2019 |
