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GBP/USD update (19th May 2017, 10:00)

GBP/USD support still lies at $1.2850.

GBP/USD support still lies at $1.2850.

It was a volatile day for GBP/USD yesterday, as it spiked up to $1.3040 before slumping towards $1.29. Nonetheless, with a recovery back above $1.2980 it looks like the buyers are in charge again.

They still need a push above $1.30 to clear the way to fresh monthly highs in the direction of $1.34. As earlier in the week, support still lies at $1.2850. 


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GBP/USD update (19th May 2017, 10:00)

GBP/USD support still lies at $1.2850.

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