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Breach of 1.2250 could mean a start of a bearish trend on GBP/USD

GBP/USD has broken through a line of 1.2250. If this breakout holds true, we could see the price of GBP/USD heading towards 1.2200 within the next 22 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so you should probably confirm the breakout before placing any trades.

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10 year US Treasury Note SEPTEMBER 2022 is approaching the support line of a Support. It has touched this line numerous times in the last 15 days.

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