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GBPUSD 1-11-2023 .

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GBPUSD 1-11-2023 .

The prices are currently moving in a down- trend in the short term, with the key support level at 1.2000 continuing to hold strong. It is expected that there will be a bounce back and a retest of the resistance level at 1.2315. However, this scenario would be invalidated if the previously mentioned support level is broken.

Support

1.2000 1.1860
Resistance 1.2315 1.2350

1.2380

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