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After testing 1.3359 numerous times, GBP/USD has finally broken through. Can we expect a bearish trend to follow?

GBP/USD has broken through a support line. Because we have seen it retrace from this price in the past, one should wait for confirmation of the breakout before trading. It has touched this line numerous times in the last 7 days and suggests a possible target level to be around 1.3303 within the next 2 days.

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

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