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Given the quote’s downswing from 50-DMA, backed by the easing RSI line, not oversold, the GBP/USD prices are likely to remain under pressure.
The global capital markets are subdued today as investors wrestle with the rising virus, the shifting stance of several central banks, and a more tense geopolitical backdrop.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
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