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GBP/USD has broken through a support line. It has touched this line numerous times in the last 4 days.

GBP/USD has broken through a support line. It has touched this line numerous times in the last 4 days. This breakout shows a potential move to 1.2202 within the next 8 hours. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.

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