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GBP/USD has broken out from the Falling Wedge pattern. Expect it to hit 1.2612 soon.

GBP/USD has broken through a resistance line of a Falling Wedge chart pattern. If this breakout holds true, we may see the price of GBP/USD testing 1.2612 within the next 3 days. But don’t be so quick to trade, it has tested this line in the past, so you should confirm the breakout before taking any action.

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