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GBP/USD eyes close above $1.5150
A sharp rally yesterday carries us back into bullish territory here, although we still need to see a move beyond yesterday’s highs above $1.5150, an area where gains petered out in late November as well. If we do see this, then the next target becomes $1.5226, and then on towards $1.5320. Downside targets lie around $1.4970 and then the lows of the week at $1.49.