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GBP/USD Daily Technical Reports

Spot Price: 1.9925
Technical Analysis:
Long trade holds up after support at 1.9900, the prior range high and prior dn TL from the Apr 18 peak, was maintained. Not much at risk given our entry just above 1.9900 and tight stop below it. Prices also perched on the Cloud top at 1.9905 with hourlies trending up with room. Need a close above the Bolli top at 1.9935 to trigger the next leg up past 2.0000.














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