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Was trying to get a feel for the range of the GBPUSD.

The 4H  –  High 1.3441, Low 1.2022, spot at about 23.8% retracement level

1H   –   HIgh 1.2560, Low 1.2119, spot just above 61.8% retracement level

It suggests that if there is positive news coming out of the UK that the 1H could breakout and then the 4H begins to be relevant.

Have to keep watching……………….

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