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GBP/USD – breach of price line that’s been previously tested numerous times before

GBP/USD has breached the support line at 1.2767. It may continue the bearish trend towards 1.2707, or, it may prove to be yet another test of this level.

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After testing 8109.0000 numerous times, UK100 is once again approaching this price point. Can we expect a bearish trend to follow?

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