GBPUSD Gaining Traction

<p>The British pound is appearing increasingly bullish against the US dollar currency as the pair attempts to gain strength above the 1.2400 level. A bullish inverted head and shoulders pattern is building and is projecting a move towards the 1.2800 level. The one-hour time frame shows that a sustained breakout above the 1.2480 resistance level […]</p>
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