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Bulls target 1.2500 while front side of dynamic support – Crypto News
- GBP/USD bulls eye a continuation towards 1.2500.
- Meanwhile, a correction could be on the cards.
As per the prior analyze, GBP/USD Price Analysis: Bulls are lurking in demand areathe price has moved into key resistance and this leaves the Outlook for next week´s initial balance weighted to the downside as the following illustrates:
GBP/USD prior analysis
GBP/USD live updates
So long as the trend line support holds up, with the break of structure to the upside, the bulls have eyes on the 1.2500 area.
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