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The GBP/USD surpasses the resistance levels – Analysis – 24/12/2020

The GBPUSD pair rallied upwards strongly to breach 1.3510 level and settles above it, which stops the negative scenario and leads the price to resume the main bullish trend, on its way to achieve positive targets that start at 1.3624 and extend to 1.3760.

Therefore, the bullish trend will be suggested in the upcoming sessions, taking into consideration that breaking 1.3440 will stop the expected rise and press on the price to decline again.

The expected trading range for today is between 1.3450 support and 1.3650 resistance.

The expected trend for today: Bullish


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