GBPUSD (1.3082): The GBPUSD fell sharply following the doji close on Wednesday. The declines are expected to push the cable down to 1.3028 level of support. We expect the support level to hold following which the cable could be seen extending the gains back to 1.3250 resistance. If the currency pair falls below 1.3028, then we expect further declines to push the cable lower to 1.2808.
