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Technical Analysis Daily: GBP/USD
GBP/USD 1.9511 - May 13rd

GBP/USD Open 1.9534 High 1.9629 Low 1.9445 Close 1.9580
The British Pound started recovering against the US Dollar and kept above 1.9485, which is the first support for today. If the negative sentiment continues, next support is expected at 1.9380, followed by 1.9330. In upward direction first resistance today is expected at yesterday's top at 1.9630, followed by 1.9700, and 1.9790.
Technical resistance levels: 1.9630 1.9700 1.9790
Technical support levels: 1.9485 1.9380 1.9330

Trading range: 1.9500 - 1.9625
Trend: Upward
Buy at 1.9511 SL 1.9481 TP 1.9611