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GBP/USD Outlook (30 October 2019)

FX:GBPUSD   British Pound / U.S. Dollar
Overall, GBP/USD is trending upwards. Recently, GBP/USD’s downtrend has stagnated.

This morning, the U.K. Parliament voted to hold a general election in December.

Currently, GBP/US is hovering below the key level of 1.29. GBP/USD’s next support level is at 1.27400 and the next resistance level is at 1.29800.

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