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GBP/USD Analysis Today 02/12: Rebound Lacks Momentum (Chart)
(MENAFN- Daily Forex)
- As predicted in previous technical analyses of the GBP/USD currency pair, the pair's gains were likely to collapse quickly.
- At the beginning of this week's trading, the GBP/USD retreated to the support level of 1.2680 after gains at the end of last week reached the resistance level of 1.2750, the highest for the currency pair in two weeks.

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