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GBPUSD 1.3095 major resistance

British Pound / U.S. Dollar (FX:GBPUSD)  
OctaFX_Official  
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators GBPUSD pound dollar octafx support Support and Resistance
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trendanalysis chartpattern indicator gbpusd pound dollar octafx support supportandresistance
The British pound has made a strong move higher against the US dollar, following dovish comments from Federal Reserve member Loretta Mester. The GBPUSD pair is approaching major technical resistance around the 1.3095 level, a move above this level exposes further upside towards the 1.3200 level. A bullish inverted head and shoulders pattern is now visible on the four-hour time frame.

The GBPUSD pair is bullish while trading above the 1.2940 level, key technical resistance is found at the 1.3095 and 1.3200 levels

If the GBPUSD pair trades below the 1.3000 level, sellers may test towards the 1.2965 and 1.2940 levels.

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