GBP/USD howering around weekly support

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The GBPUSD again took a push above 1.3000 ,Since the News release the pair is more volatile and still in liquidation as of writing Yesterday, the GBPUSD exchange rate tried to surpass the resistance provided by the 100-hour SMA. During Wednesday morning, the rate reversed back to down

However, note that the exchange rate could gain support of the weekly support at 1.2985. The support holds is crucial to sustain the pair , it is likely that the rate could go upwards within the following trading session.

 

 

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