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GBPUSD Intraday Analysis

GBPUSD (1.3529): The GBPUSD slipped below the 1.3530 level of support briefly but price action managed to close back at this level. The consolidation seen at this level continues and we expect to see a potential breakout in the near term. To the upside, GBPUSD could be seen targeting the main resistance level of 1.3902 while to the downside, a breakdown off the current level could push the GBPUSD lower to 1.3500 round number support.

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