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spotThetrends
Sep 29, 2022 10:23 AM

gbpusd is picking up its bullish momentum to the upside Long

FX:GBPUSD240
British Pound/U.S. DollarFXCM

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After plunging to a new low at 1.036, the cable has staged a remarkable recovery. The downward momentum appears to have alleviated. I expect the pair to continue its upward move to the next major resistance at 1.14375.
Trend AnalysisFundamental AnalysisGBPUSDgbpusdlong
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