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GBP/USD 2.0542 - 30 October
GBP/USD Open 2.0609 High 2.0655 Low 2.0532 Close 2.0618

After a week of consolidation the British Pound continued its upward trend, but met resistance at 2.0460. Next resistances upwards is 2.0980 and 2.1020. In downward direction support is given at 2.0537 and 2.0460, as well as 2.0290, which is 50.5% correction of the climb 1.9880 - 2.0640.
Technical resistance levels: 2.0460 2.0980 2.1020
Technical support levels: 2.0537 2.0460 2.0290

Trading range: 2.0605 - 2.0690
Trend: Upward
Buy at 2.0616 SL 2.0586 TP 2.0676