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GBPUSD to see 1.1750 again short term.

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
Trade_Simple_FX  
FX:GBPUSD   British Pound / U.S. Dollar
Technical Indicators Chart Patterns Fundamental Analysis fed FOMC BOE bankofengland rishi sunak borisjohnson ratehike economics
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indicator chartpattern fundamental fed fomc boe bankofengland rishi sunak borisjohnson ratehike economics
GBPUSD H4

This 1.20 handle has been holding out really well for us, and have offered many trading opportunities (mostly shorting) in line with dollar strength.

Evident b2b hikes with risk flows and global trade fuelling dollar bid. Small correction seen over the last week or so, but still very much on track for further dollar extensions. Cable expected to see 1.17150 in the short term.
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