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GBP/USD extends gains above 1.30
An update here late yesterday evening noted how the GBP/USD was well placed following the news impacting the markets from the US trade tariff measures. Eventually that delivered a positive close for the GBP/USD, at 1.3007- its highest daily close of the year and the first such close above that 1.30 handle. Further weakness in the dollar this morning has delivered more gains for the Pound. The GBP/USD has lifted closer to the 1.31 handle. The next technical level on the radar is now at 1.3119 (76.4% of the 1.3434-1.2100 fall) and after that comes the 1.3434 level itself. The GBP/USD is right now on session highs, currently trading at 1.3088
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