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GBP/USD Technical Analysis: Sidelined near 1.3200 ahead of indicative votes

GBP/USD daily chart

  • GBP/USD is trading in a bull trend above its main simple moving averages (SMAs).

GBP/USD 4-hour chart

  • GBP/USD is trading above its main SMAs suggesting a bullish momentum in the medium-term.

 

GBP/USD 30-minute chart

  • GBP/USD is trading in a 100-pip range between the 1.3150 and 1.3250 level.
  • Bears need a break below 1.3150 to reach 1.3100 and 1.3060 to the downside.
  • Resistances are seen at 1.3250 and 1.3300 figure.

Additional key levels

 

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