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GBPUSD
Bearing in mind the movement in the newly created channel, we can see that the currency is moving in a new short-term trend. Only breaking the upper limit of the channel will allow the trend to continue for a longer time. Tomorrow’s macroeconomic data for the USD are also not optimistic, which means that I am looking for further growth. The place marked with a cross is a point that may decide about the continuation of the currency’s depreciation, but I am optimistic about a further upward break in the price and a rebound from the designated channel line.
