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Important price line breached by GBP/USD. This price has been tested numerous times before.

The breakout of GBP/USD through the 1.2635 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, GBP/USD could test 1.2686 within the next 2 days. One should always be cautious before placing a trade, wait for confirmation of the breakout.

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