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GBPUSD News

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Last Updated Date: 20 May 2022 @ 10:33 AM (UTC)
*Please note that all the dates are in GMT time zone

The GBPUSD market shows a short term up trend and holds potential for a move to 1.2530. A breakout close beyond 1.2570 could spark rallies. Corrective dips and congestion holding 1.2430 should maintain the bull alignment. A close under 1.2304 (SAR)  is needed for a short term peaking turn for retracement selloffs.


Resistance 2       1.2530
Resistance 1       1.2488
 
Support 1           1.2444
Support 2           1.2400


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