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Pound Sterling Price News and Forecast: GBP/USD gains ground as traders project annual UK GDP to expand

GBP/USD  extends its winning streak for the third consecutive day

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Sentiment is: Positive

Technical Analysis

GBP/USD has broken through a line of 1.2472. If this breakout holds true, we could see the price of GBP/USD heading towards 1.2577 within the next 3 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so you should probably confirm the breakout before placing any trades.

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