GBP/USD Technical Analysis

FX:GBPUSD   British Pound / U.S. Dollar
the price retrace until the level of 1.51867 (50% fib level) and is now keeps on going upwards. Now it is facing the 61.8% fib level of a lower scale. A move on the previous high ( 1.5800) is possible as well as a breakout of this level to the point (4).
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