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GBP/USD Daily Technical Reports

Spot Price: 1.9980
Technical Analysis:
1.9930 has propped ahead of 1.9910 support and the rally has probed just shy of the 2 handle. Dailies are turning down and a lower top now sought under 2.0000 for fresh drop thru 1.9930 to open deeper setbacks. Will look to sell on a break back below today"s low at 1.9930. Only back above 2.0017-25 negates corrective structure.















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