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GBP/USD Still Bullish

GBP/USD Still Bullish

Thomas Long, Course Instructor

As traders try to get a feel for which central bank will be forced to raise interest rates next, the GBP/USD continues to climb. The move up has not been explosive, but the series of higher lows and higher highs off of the May low continues. I would continue to look for buying opportunities as long as the pair remains above the 1.57497 low noted on the chart.

GBPUSD_body_78656d1297949808-trend-day-gbpusd-217.png, GBP/USD Still Bullish

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

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