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Analysis

Could GBP/USD fall towards the 1.10 level?

GBP/USD

Looking at GBPUSD’s chart, we can see that after its great recovery from the rate of around 1.0840 to around 1.14, it starts falling to the current rate of around 1.113. Today we could expect that fall to continue with the possibility to reach the rate of 1.10.

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