A look into the 4H chart of the GBPUSD reveals an interesting thing. Every dip into the mid or low 1.48s has been met with a lot of support and a lot of buying and price has been pushed right back up. This should set the trend up for today where price could again make a run at 1.5 with 1.4820 acting as strong support. Break of this could take GU down to 1.4770.
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