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GBP/USD Daily Technical Reports

Spot Price: 2.0525
Technical Analysis:
2.0460 props the downside and a move back to the 2.0548 mark is underway Hourly studies have now bounced out from oversold and daily charts remain biased higher inspite of overbought levels in favor of the trade. On the topside above 2.0550 targets 2.0600. We have trailed our stop to belows today"s low to limit risk.














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