Expected scenario The price of the British pound is rising strongly, breaching the 1.2480 level and settling above it. Activate the bullish trend scenario and open the way to target the 1.2580 level as the first main stop.
A breach of the 1.2580 level may lead the price to achieve additional gains of up to 1.2624 in the near term.
Expected trading range Between support $1.2450 and resistance $1.2580.
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