$GBPUSD Daily movement #GBPUSD - GBPUSD

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We can currently see Sterling move just above the weekly support at 1.20000 which also happens to be a major psychological round number.

Looking at the daily it seems to reject the charted support as shown, however there is a lot of strength to the downside caused by the politics including a possible no deal Brexit in the UK and the ever rising US Dollar as we see record low Unemployment Rates and big US economy growth.

Penafian

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