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GBP/IUSD stalls just ahead of 1.3045 and takes another look at the 1.30 handle
As suspected and conveyed to you earlier today, the break out above 1.30 in the GBP/USD did run into resistance at 1.3045. The high seen earlier today was at 1.3044 and since then the Pound has dropped back just below 1.30 a short while. That price action was pretty much as outlined here earlier today too and so now we see, if the GBP/USD can rebound sufficiently enough to post a daily close above 1.30 later this evening. The GBP/USD is currently trading at 1.3005
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