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    HomeContributorsTechnical AnalysisDaily Technical Outlook And Review: GBP/USD

    Daily Technical Outlook And Review: GBP/USD

    IC Markets
    By IC Markets

    GBP/USD is currently consolidating within a triangle. Resistance at 1.3020 has proven to be strong, while support ahead of 1.2930 is solid as well.

    In the short-term, further range trading seems likely, but with a mild positive bias. Watch for an immediate break out of the triangle pattern.

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