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GBPUSD Analysis – May 11, 2023

GBP/USD remains under pressure, as the pair continues to test a key support level at 1.2540. A break below this level could trigger further downside movement towards the rising trend line on the 4-hour chart, currently near the 1.2495 area. Below the trend line support, the next major support level is at 1.2435. If GBP/USD … Continue reading "GBPUSD Analysis – May 11, 2023"... Read More
Posted: May 11 2023, 10:31
Author Name: forexcycle
Views: 102683

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