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GBPUSD News

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Last Updated Date: 5 May 2021 @ 6:55 AM (UTC)
*Please note that all the dates are in GMT time zone

The GBPUSD market is shpowing a Sideways situation with a balance point between bull / bear trend forces. A close under 1.3840 is negative and could send trade back through last week’s upturn/rallies(1.3800), when broken ⇒ 1.3758. A bounce from 1.3860 will allow bull forces to attempt another push higher, but key on a close over 1.3930 to renew bull trending advances.

Resistance 2       1.3947
Resistance 1       1.3905

 
Support 1            1.3861
Support 2            1.3840



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