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GBPUSD – breach of price line that’s been previously tested numerous times before

GBPUSD has broken through a line of 1.2999. If this breakout holds true, we could see the price of GBPUSD heading towards 1.3031 within the next 19 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so you should probably confirmation the breakout before placing any trades.

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