GBPUSD retraces to the targeted swing area between 1.3446 to 1.3465.
The GBPUSD surged higher yesterday, breaking through a series of important technical hurdles and shifting the near-term bias in favor of the buyers.The rally began with the pair finding support against the rising 200-hour moving average before powering through a cluster of key moving averages near 1.3400, including the 100-hour, 100-day, and 200-day moving averages.
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