By FXEmpire.com
The GBP/USD pair had an absolutely wild day on Tuesday as trader pushed and pulled the pair, only to end the day unchanged. The recent price action suggests that the cable is happiest between 1.65 and 1.62, and the price action on Tuesday does little to change that opinion. We think that this pair will be choppy for a while, and that the market will more than likely be a short-term trade scenario as we reach both of the above mentioned levels.
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