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GBP/USD Rallies

GBP/USD Rallies

Thomas Long, Course Instructor

The GBP/USD is gaining strength and is in a strong uptrend. This is a reflection of both recent strength on the GBP and weakness in the USD. I would continue to look for buys as long as the market remains above the 1.53436 low noted on the chart.

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.