GBPUSD (1.3112):The GBPUSD currency pair posted a brief retest near the double top resistance level of 1.3034 before pushing higher. We expect the continued gains to keep GBPUSD on target toward 1.3205. It would be critical for the currency pair to establish a firm support at 1.3034. Failure to do so could keep the currency pair at risk of a decline back to 1.2959 level.

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