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The £

Nice pinbar showing on the GBPUSD weekly chart.

The pair should go up if we can break 1.5205.
I see 1.5550 as first possible target, followed by 1.5700 as next target.
 
I am not sure the UK goverment will let GBP go below EUR for long, so the only way to stop the slide is to raise interest rates. I don't think the "start another war" option will work this time.
 

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