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GBP/USD : Resumption of the uptrend
We continue to advise only long positions as far as 1.6239 is support. The upward break of 1.64 will give a new buy signal and we would then expect a test of the psychological threshold at 1.65.
In case of return below 1.6239, we will be neutral between this level and the major support at 1.6180 which will give a sell signal.
GBP/USD 4h chart