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GBP/USD: Pre-Interest Rate Pressures

GBP/USD: Pre-Interest Rate Pressures

GBP/USD: Pre-Interest Rate Pressures

Before the interest rate decision, the pound started the day with selling pressure. The first support is at 1.2700, with subsequent levels at 1.2650 and 1.2600 below this. On the upside, the first resistance is at 1.2740, followed by 1.2770 and 1.2800 above it.

Resistance 3

Resistance 2

Resistance 1

Support 1

Support 2

Support 3

1.2800

1.2770

1.2740

1.2700

1.2650

1.2600

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