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GBPUSD Near Term: Upside favored Time 26-08-2020 04:34:00 Pivot 1.3050 Technical View Long position above 1.305. Target 1.33. Conversely, break below 1.305, to open 1.291. Comments The pair faces corrective pullback before fresh rally. Key levels 1.3600 1.3450 1.3300 1.3134 Last Price 1.3050 1.2910 1.2760

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While the British pound did give back the very top of the candlestick on Friday, it broke above the top of a shooting star from the previous session.
Channel’s resistance around 1.3265, followed by the 1.3300 threshold will challenge the bulls afterward.

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