GBP Returns to Daily Profile's Point of Control.
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Having reached the GBPUSD long term Point of Control (POC) at 1.3160 ( ish ) consolidation at least should be expected. Continuation to the top of the Value Area at 1.3430 is likely in medium term according to the 80/20 rule. A short term correction to around 1.2980 is still consistent with such an outcome.
Capital can always be turned into income. It is not so easy to turn income into capital.
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