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GBPUSD flat ahead of BOE monetary policy meeting minutes

  • Pair trading between 1.4910- 1.4945, last at 1.4941

  • Near term support falls at 1.4913 and 1.4855 (Low April 21)

  • Daily close above 1.4855 is required to get further direction

  • Resistance falls at 1.4983 and 1.5053 (High April 17)

  • Break above 1.4972 (50 DMA) gives verification towards next target

 

  • Market Data
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