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Feb 14, 2019

GBP/USD Technical Analysis: Bears positioning for a slide towards descending channel support, below mid-1.2700s

• The pair extended the previous session's sharp rejection slide from 200-hour SMA, or weekly tops, and dropped to fresh one-month lows in the las

The Sterling remains on the defensive for yet another session and is now forcing GBP/USD to the area of monthly lows in the 1.2800 zone. GBP/USD look