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GBP/USD Daily Technical Reports

Spot Price: 2.0585
Technical Analysis:
Long re-established overnight, as the price made a fresh 26-year high around 2.0585, which is back under pressure in Asia. Daily charts are overbought have been that way most of the way up in this strong trending market. Our target is a move towards the 2% moving average band at 2.0830 and the hourlies are at neutral levels.

The market strstegy is : Buy at 2.0580 targt 2.0650














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