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The GBPUSD tests trend line and MA target after EU headlines


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EU headline sends GBPUSD up to target area

The GBPUSD got a boost from Brexit headline from the EU and that has sent the pair up toward key upside targets defined by a downward sloping trend line (at 1.3043) and the 100 hour MA at 1.30468. Traders are leaning on the first look. The high just reached 1.3043.

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