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GBP/USD Daily Technical Reports

Spot Price: 1.9835
Technical Analysis:
We booked some profits on the long trade from earlier today after the breakout beyond the 1.9835 Fibo lacked follow-through and prices tumbled back. Hourlies have since bottomed though aafter 1.9800 held. The day"s high at 1.9845 is back in play toward the close. Dailies remain conflicted and 1.9945 is the pivot point.














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