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Pound Sterling Price News and Forecast: GBP/USD edges higher amid US economic slowdown

Pound Sterling Price News and Forecast: GBP/USD edges higher amid US economic slowdown

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Sentiment is: Positive

Technical Analysis

An emerging Channel Up has been detected on GBP/USD on the 4 hour chart. There is a possible move towards 1.2271 next few candles. Once reaching resistance it may continue its bearish run or reverse back to current price levels.

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