GBPUSD broke out from the bullish channel it was in last month this could indicate that GBPUSD has stopped the bullish advance for now and could retest the 1.27 level
My guess is that there will be a slight pullback(a lower high) in the next couple of days which would mean a change in the trend and the start of a possible turn to the downside Look for a swing high between the 1.295 and 1.3 levels
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