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Sep 3, 2020
GBPUSD 1.3266 support
The British pound is trading back under the 1.3300 level against the US dollar currency, following a broad-based recovery in the greenback. Bulls need to defend a key former breakout area, around the 1.3266 level, to avoid a further sell-off towards the 1.3150 area. Traders that are bullish towards the pair may await a deeper price retracement to enter back into the prevailing bullish trend.
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The GBPUSD pair is only bearish while trading below the 1.3300 level, key support is found at the 1.3266 and 1.3150 levels.
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If the GBPUSD pair trades above the 1.3300 level, key resistance is found at the 1.3350 and 1.3470 levels