GBPUSD

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GBPUSD

GBPUSD experienced an accelerated rise. The box we are looking at as a target has been fully tested. The price is still maintaining its momentum. A correction will most likely occur in the near term. If the imbalance in the box specified by the blue borders is maintained, the resistances in the upper region may continue to be the target. Support: 1.2438 – 1.2379 Resistance: 1.2500 – 1.2599