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GBP/USD Daily Technical Reports

Spot Price: 1.9675
Technical Analysis:
Price action is whippy intraday. 1.9650/85 holds most recent trade with 1.9700 having put the lid on gains overnight. Daily trend studies are still ticking south and we are looking for good selling levels. Will sell topside failures for a move below 1.9625 (the 1% MA band comes in just below here at 1.9620).














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