An interesting short-term speculative idea was occurred for the GBPUSD. The downfall below former support at 1.5060 threatens to turn into the movement towards the short-term target at 1.4920. However, the support level at 1.4980 may be an intermediate barrier. The RSI is in oversold zone, so the possibility of short-term retracement to 1.5060 is not excluded.
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