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Closing in on Near Term Tech Target at $1.3384

GBP
MNI (London)
  • GBP/USD continues to claw its way higher, having broken above recent highs of $1.3312.
  • $1.3384 provides the near term target being the 1.618% swing projection of the recent corrective pullback from $1.3312 to $1.3196.
  • Above here and the falling trend resistance at $1.3395 moves into view(drawn off the 2018 high)
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com

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