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GBP/USD bulls could start to engage at a discount. Bulls will be looking for a break into fresh highs on the daily chart. As per the prior analysis, GBP/USD Price Analysis: To follow in the euro's footsteps, 1.3690 is critical, cable has moved in on a deeper layer of support. chart The price was under pressure in the above analysis and the US dollar flexed its muscles in overnight trade, sending cable down a notch as follows: chart If bulls start to engage at this juncture at a discount to the prior levels, then demand could build and see the price rally in days to follow in a bullish extension. chart The bulls ... (full story)