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Tuesday, June 21st
GBP/USD has broken through key resistance level of 1.47 this morning and now is testing three-week highs over this level. Today the pair is still staying under bullish pressure as the latest “Brexit” polls results are showing slight overweight in “Remain” voted camp. Meanwhile, the main event of this week is coming closer bringing nervousness amid traders causing markets to experience some volatility last days. Looking ahead, today traders will closely watch for developments surrounding upcoming referendum while UK will release CBI Industrial Trends Orders followed by Fed J.Yellen’s testimony. At the moment the pair is trading at 1.4701 level with todays support and resistance levels located at 1,4530 and 1,4889.
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