GBP has had a great run against USD and other currencies but is showing signs of exhaustion. A negative RSI divergence, emerging head and shoulders top and other signs suggest the trend is weakening and it may be vulnerable to a correction. GBP is the worst performer among the majors today and could be impacted by a tapering driven USD rebound. Chart forum comments can be accessed through the link below and through the Market Pulse drop down menu.


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