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GBP/USD

The GBP/USD will take the bids near the 1.2565  according to the Tokyo session on Wednesday. The cable pair will be crossed at the level 61.8% according to the Fibonacci retracements of the March month the will move previously. It will reach the Bulls and stopped the EMA 200 day around the multi-day top.

The buyers aim for the June 16 High of 1.2688 that will immediately stop before going to the peak on the surrounding 1.2815.

The GBP/USD will be previously closed at the level 1.2540 and the support and the resistance level for the pair will be 1.2537 and 1.2563.

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