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The GBPUSD has not been able to break above the 1.2800 level but the bullish momentum should accelerate if it confirms a breakout above that level. The 1.2900 level could be its next resistance and the 1.2700 level could be its next support.
Turtle eur is short in the gbp usd. I have already closed the position with some loss. It should be back to level 1.2700. Then I think it will be closed and whe can expect new trades. I hope for the investors that it will recover soon.
GBP is under pressure due to the disappointing UK data. This pressure is likely to increase with the coming March 29 deadline. The nearest support is 1.2852 and then 1.2826 level. The 1.2969 level will be the resistance for growing.
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