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GBP/USD 2.0649 - 13 November
GBP/USD Open 2.0537 High 2.0754 Low 2.0516 Close 2.0605

The correction of the British Pound against the US Dollar which continued from friday was stopped at the key support level 2.0530, which is a cross point of the 50% correction of the climb 1.9880 - 2.1150 and the middle term trend line. If broken next expected supports are 2.0465 and 2.0300. In upward direction next resistances for today are expected at 2.0650, 2.0820 and 2.0900.
Technical resistance levels: 2.0650 2.0820 2.0900
Technical support levels: 2.0530 2.0465 2.0300

Trading range: 2.0635 - 2.0720
Trend: Upward
Buy at 2.0649 SL 2.0619 TP 2.0709