GBPUSD Preparing To Rally

<p>The British pound is appearing increasingly bullish against the US dollar as traders anchor price above the 1.2400 resistance level. A technical breakout above the 1.2500 resistance level could provoke a powerful rally towards the 1.2600 technical area. At this stage, sellers need to hold price below the 1.2350 level to take back control of […]</p>
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