The GBP/USD fell, and then bounced on Tuesday as traders wrestled with the ideas of the debt limit increase votes. The truth is that the pair normally acts as a risk barometer of sorts, and this action is a little bit odd. However, the charts don’t lie, and this pair looks like it could make another attempt at 1.65 based upon the 1.63 support holding. Of course, we want to see a break of the Tuesday high in order to buy – but it will only be a short-term position at best.
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