GBPUSD is making a second break at the daily high. The first move failed after the price move toward the next target at the 1.2543 level, fell short. As a result, the price rotated back lower and found support at the 100h MA which is a good sign for the longs. Stay long as long the price is trading above the 1.25 level.
Tags forex Forex Daily fx GBP GBP/USD support Support and Resistance Lines Technical Analysis trading USD
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