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GBPUSD currency pair previously reversed up from the support zone lying between the support level 1.41000 (which has been reversing the price from the start of May), lower daily Bollinger Band and the 38.2% Fibonacci correction of the upward impulse from last month. Given the prevailing uptrend that can be seen on the daily charts – GBPUSD currency pair can be expected to rise further toward the next resistance level 1.42000 (top of the previous minor corrective wave B from the start fo June).
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