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GBPUSD Forex Weekly - 12 - 16 Oct 2020

Long
FX:GBPUSD   British Pound / U.S. Dollar
Pound inch higher despite US Dollar weakness with upside momentum staying above 1.3000. Stay alert on UK PM Johnson up for Australia-style trade deal if there’s no deal by October 15

Technically, price heading towards uptrend channel looking to touch upper line major resistance but with high volatility price structure made seen last week, kindly be cautious sudden drop 100++pips especially current price will hovering around median line

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