GBPUSD 1W - Critical Area

OANDA:GBPUSD   British Pound / U.S. Dollar
- Rise from 1.1958 medium term bottom is seen as the third leg of consolidation from 1.1946. - - Further rise would be seen towards 1.4376 resistance.
- Technically for now 1.2582 resistance turned into support holding. However, a huge break of 1.2582 will turn focus back to 1.1946 low.

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Dec 04
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