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GBP/USD eyes $1.4970
The $1.4870 mark continues to act as the floor here, with sterling bears unable to get much traction in recent sessions.
If the price continues to hold above this level then we look to $1.4920 and then $1.4970 as potential upside targets for GBP/USD.
A downward move would head towards $1.4850 and then on to the bottom end of the channel, near $1.48 itself.