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GBPUSD is trading within a rising parallel channel.

Next week we can expect a bullish continuation from its support.

The next goal for buyers is 1.2425 structure resistance based on 618 retracement of a major leg.

CurrenciesFibonacciforecastForexGBPParallel ChannelpoundpoundsterlingSupport and ResistanceUSDDJ FXCM IndexUSD (US Dollar)

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