British Pound / U.S. Dollar
Updated

GBPUSD: Capped against the descending TL. 

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Current range: 1.2815-1.2700. Above 1.2815 could rally to 1.2870/1.2900 while selling pressure remains until trades below 1.2815. Flip side below 1.2700 could retrace to 1.2615/1.2600 levels. 
Note
range trading remains

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