However, the current 2018 low at 1.3102 will likely act as support but since the bear momentum is rather strong, sellers have a fair chance to break through it. Long-term looking buying is not an option at the moment.
GBP/USD Daily Forecast - 28 June
GBP/USD is falling fast as it is about 10 pips away from the current 2018 low at 1.3102. A breakout below 1.3102 can lead to further losses towards 1.3027 October 6, 2017 swing low.
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