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GBP/USD Daily Technical Reports

Spot Price: 1.9885
Technical Analysis:
Price has continued to rally after the break of 1.9860, and 1.9900 is in focus for next upside challenge. Bullish signals still seen on hrly charts. Daily charts continue to point higher and bias to the topside fueled by break above the 61.8% fibo at 1.9835. Looks encouraging for a return to 1.9970 target. Stops trailed to cost. Will flat 1.9945 failure for profit.














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