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GBP/USD aims to build a foundation above $1.22
GBP/USD continues to build a base above $1.22. A dip yesterday brought out the buyers, so now we look to see if the price can push on through $1.23 and then the high from the end of December around $1.2365.
Above here the next targets would be $1.25 and then $1.2611. A failure to hold $1.22 would target $1.2050.