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British pound have seen a recovery this week

We have seen a recovery for the British pound, since the beginning of the week

after the prolonged sell-off against the U.S. dollar, which was limited down to the 1.3600 support level during the end of last week.

the currency pair is consolidating at around the resistance level of 1.3723.

A breach of this level could pave the way for a test of the next significant resistance at 1.3800.

In the negative direction, the main support remains the 1.3600 zone.

 


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