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Anticipating Bullish Breakout in GBP/USD Expanding Channel

Long
OANDA:GBPUSD   British Pound / U.S. Dollar
The GBP/USD pair has formed an expanding channel, indicating a steady bullish rally following a breakout. Currently, the price has retraced to a significant hourly resistance level. There is anticipation for a potential bullish breakout to occur, which could sustain the upward momentum in the market.





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