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It’s time to make a decision on GBP/USD – its recent breach of 1.2792 could be a sign of a new trend to follow.

GBP/USD has broken through 1.2792 which it has tested numerous times in the past. We have seen it retrace from this price in the past. If this new trend persists, GBP/USD may be heading towards 1.2817 within the next 14 hours.

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UK100 is approaching 8121.0000. We expect either a breakout through this line, or a rebound.