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Trader, analyst and instructor with a 6-year experience

Commerzbank: short on GBP/USD

Strategists at Commerzbank went short on GBP/USD from $1.6900 with a stop at $1.7050. The bank expects the pair to depreciate in a long-term. 

Support: $1.6730, $1.6680/70

Resistance: $1.6900, $1.6940 

gbpusddaily

Chart. Daily GBP/USD

GBP
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