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GBPUSD: Important Breakout 🇬🇧🇺🇸

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GBPUSD formed a high momentum bullish candle on a daily time frame yesterday.
That candle closed above a key horizontal resistance.

The broken structure and a major rising trend line now compose a contracting demand zone
- the area from where the next bullish movement will initiate.

Next resistance - 1.263

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