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rishililawat5

GBP/USD Consolidating in the wedges.

British Pound / U.S. Dollar (FX:GBPUSD)  
rishililawat5  
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Support and Resistance Fibonacci
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trendanalysis supportandresistance fibonacci
Currently, GBP/USD is trading at 1.2324. From the last week, this pair is consolidating in the resistance and support wedges. Its resistance and support levels are at 1.2481 and 1.2162. If it breaks the level of support at 1.2162, it may enter into a downtrend and then the target price will be at 1.1646.

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Rishikesh Lilawat
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