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GBPUSD Weekly Analysis - May 29, 2016

Long Term Forex Analysis | by ForexCycle.com | Sunday, 29 May 2016 10:27 UTC
GBPUSD is testing 1.4769 resistance, a break of this level will signal resumption of the uptrend from 1.3835, then next target would be at 1.5000 area. Support is at 1.4332, a breakdown below this level will confirm that the uptrend from 1.3835 had completed at 1.4769 already, then the following downward movement could bring price to 1.3000 zone.

gbpusd chart

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