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Breach of resistance could mean a start of a bullish trend on UK100

UK100 has broken through a resistance line of a Channel Down chart pattern. If this breakout holds true, we expect the price of UK100 to test 7355.6310 within the next 16 hours. But don’t be so quick to trade, it has tested this line in the past, so you should probably confirm the breakout before placing any trades.

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GBP/USD Target Level: 1.2868

GBP/USD Target Level: 1.2868

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