GBP/USD's sharp fall today argues that choppy recovery from 1.6459 has completed at 1.6744 already. Intraday bias is cautiously on the downside for 1.6459 first. Break there will confirm that whole decline form 1.6875 has resumed. As discussed before, rebound from 1.5706 should have completed at 1.6875 already. We'd expect...

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