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GBP/USD outlook: Bulls hold grip despite strong upside rejection on Thursday

Cable kept firm tone and extended advance on Friday, despite strong upside rejection the previous day which left the daily candle with long upper shadow, indicating that bulls might be running out of steam. ....

Technical Analysis ,

BP – Bullish formation and its consequences

The combination of supports and a candlestick formation encouraged the bulls to fight. ....

Stochastic Oscillator ,