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GBPUSD News

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Last Updated Date: 2 June 2022 @ 10:28 AM (UTC)
*Please note that all the dates are in GMT time zone

The GBPUSD market signals a short term bear setup with the prevailing bear trend of previous months calling for an attack under the 1.2482 swing low. A close under 1.2482 projects a larger bear wave to 1.2150. The reluctance to stay under 1.2482 hints for rebounding action, but trade needs a close over 1.2772 to renew a bottoming formation.
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