The British pound is near significant resistance

The GBP/USD pair  turned to a correction due to the general weakness of the US dollar and returned to the highs of Wednesday, but in conditions of preserving political risks in the UK and uncertainty over Brexit remains under pressure. Technically significant resistance is the psychological level 1.2780-1.2800, from which we can expect a rebound. What will eventually resume the downtrend and open the way to support levels: 1.2700 and 1.2670. Resistance is located at levels: 1.2800 and 1.2830.

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Hanzenko Anton

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