the EUR/USD made a bearish bounce at 1.1750 resistance and a new low. Will it be able to continue with the downtrend. The GBP/USD is testing a key support zone which is a critical bounce or break zone.
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The EUR/USD needs to break above 1.1770 for the bulls to regain control. Otherwise a bearish drop could take price action as low as 1.15.
The GBP/USD bearish breakout below the support zone could indicate a push towards the 1.25 zone.
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