GBP/USD has eroded resistance at 1.6348 and 1.6412 and skewed near-term risks to the upside says Analyst. She now sees potential toward 1.6480, 1.6655 and 1.6745. With the pair at 1.6414 she says the rate will stay bid intraday while above 1.6330, failure at the current rate though would alleviate immediate upside pressure and open risk toward the 200-day MA at 1.6160.
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