GBP/USD broke through important 1.2201 price line

GBP/USD broke through important 1.2201 price line
GBP/USD has broken through a support line. It has touched this line numerous times in the last 8 days. This breakout shows a potential move to 1.2113 within the next 2 days. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.

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