Stop!Loss|Market View: GBPUSD

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In this post, we're going to talk about the near-term outlook for the GBPUSD currency pair☝️

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💬 Description: The British pound is currently trading between 1.34000 and 1.35000. Potential selling opportunities are suggested from these price levels, as global forecasts still point to a likely decline. The US dollar is expected to strengthen, both technically and fundamentally.
There are two main selling scenarios for the pound, the main one being a false breakout near 1.35000. If the price declines from current levels, a breakout of 1.34000 could be considered.

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