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GBP/USD Daily Technical Reports

Spot Price: 2.0270
Technical Analysis:
Fresh 26-year highs being made. Stop & reverse was executed as price continued to rally following the 2.0210 breach. Hourly studies now ticking higher but showing well overextended and due for pullback. As such we have decided to book modest profits on long trade and look to re-buy on a more significant dip.














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