SEB: GBP/USD gap fill underway - eFXnews

FXStreet (Łódź) - The eFXnews team comment that the SEB points to the GBP/USD bullish key day reversal on Wednesday, which came after a couple of days of the pair's struggle with the triangle ceiling, which now turned into firm support.

Key quotes

"The sought weekend gap fill of the 1.6332 – 1.6270 gap now is underway (as elaborated on Monday a gap this late in a down phase cannot be a breakaway gap hence it must be a continuation gap and those should always be filled)."

"So short term more strength."

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