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GBPUSD forecast

The Bank of England decision and any developments on Brexit will cause price movement in the EURUSD pair. If the bears succeed in maintaining trading below 1.3330, the pair might drop to 1.3105, the November 4 low. Any break through below the support of 1.3105, the pair could be vulnerable to a drop towards the psychological barrier of 1.30. Any return to trading above 1.3396, the November high, the pair may target a rise to 1.3513, the December 2019 high.

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