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Sep 12, 2019 5:46 AM

GBP/USD – Daily Forecast Sept 12 

British Pound/U.S. DollarFXCM

Description


Sterling hasn't moved much, and technical levels are almost the same. Sterling still has strong support at 1.2300, and the bearish breakout can trigger a sell-off until 1.2255. While the continuation of a bullish trend and breakout of 1.2370 resistance can lead GBP/USD towards 1.2400 and 1.2424.
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