GBP/USD Tests Support Area

<p>Yesterday, the GBP/USD exchange rate tried to surpass the 1.2340 level. During Friday morning, the rate was testing the support formed by the 55-hour SMA, the weekly R1 and the monthly S1 in the 1.2290 area. If the given support holds, it is likely that a reversal north could occur in the nearest future. Note […]</p>
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