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Last week updates here looked at the GBP/USD potentially rising to 1.30 and that potential is unchanged at the start of this week, but so far the Pound has not seriously threatened the level since reclaiming levels above 1.29 over the past week. The high seen a little earlier today was set at 1.2947, after it rebounded from an earlier low, just after the European opening, at 1.2874. Perhaps rather strangely the GBP/USD has once again just bettered the previous 2025 high by just one pip. It did the same thing earlier today during the Asian session, when it reached 1.2946. The 2025 high seen last Friday was at 1.2945. The high seen a short while ago was set at 1.2747 and over all the years of studying price action it is hard to remember such edgy price action. Anyway, we shall have to see how this plays out this afternoon. The GBP/USD is right now at 1.2930
Yesterday Gold did eventually push a little higher above $3k. However, the first attempt to rise back above that level was followed by a relapse to...
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