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GBP/USD at Best Level in Four Months

M. Ali 28 July, 2020 8:49 pm Forex Market, Market Update

The British Pound (GBP) rose on Tuesday against the US Dollar (USD), to its highest level in about four months.

The GBP appreciation came on the back of positive news about progress in the post-Brexit trade agreement between the UK and the EU.

The GBP/USD is trading at 1.2939, up by 0.46%, its best level since March 11.

Support Levels: 1.1668 – 1.1586 – 1.1529

Resistance Levels: 1.1807 – 1.1864- 1.1946

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