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The negativity around sterling since Brexit never seems to end, according to Alan Collins from 3cAnalysis.com. He believes that there are bearish signals and expects to sell GBPUSD. Collins provides a technical analysis of GBPUSD to explain why GBPUSD could attract sellers.
Collins expects to sell at 1.3124. His targets are 1.3006,1.2956 and 1.2798 with a stop at 1.3211.
01:42 minutes
Tags: alan collins, forex, fx, gbpusd, saxo bank, saxo tv, trade idea, trade view, tradingfloor.com