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GBP/USD looks primed to climb
Although the pair has dropped back from $1.45, a solid close today, ideally above $1.4450, would likely set us on a path higher, with the potential for a move to $1.45 and then the month-high above $1.46. Just above here is the 200-day simple moving average (SMA) at $1.4809.
A turn lower would need to push below support at $1.4350, the lows from last week, while from here the next target would again be the rising trendline off the February/March lows, hitting rising support around $1.4250.