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An update here yesterday noted the next minor resistance level in the GBP/USD, at 1.3215 and that price point pretty much capped the push higher in the Pound that eventually took it above the 1.32 handle. The level was later breached slightly as the GBP/USD posted a US close at 1.3216 after peaking yesterday at 1.3218. The range so far today has been tight and that 1.32 handle has capped any downside so far. The high seen has been set at 1.3218. The topside looks it focus again today and once again the reader is reminded of the next levels in that direction. The first is at 1.3238 and then at current 2024 high, at 1.3266. After those two comes the 2022 high, at 1.3298. On the base we have support at 1.3115. The GBP/USD is currently trading at 1.3211
The European stock markets have been open for less than 20 minutes and in that time we have seen underperformance from the FTSE 100 and the CAC 40...
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