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Forex: GBP/USD back around 1.5470 after quick spike high

The GBP/USD spiked during European lunch hour just to touch the opening price of 1.5506, then quickly returning back below the 1.5500 mark. The pair is back at its sideways trading range around 1.5470, down by -0.30%, but the market seems to be looking for further downside.

US and Canada markets are closed for holidays, leaving the FX market with low volumes for the rest of the trading day.

Mataf.net analysts point to resistances at 1.5585, 1.5545 and 1.5500. On the downside, supports might be found at 1.5465, 1.5435 and 1.5400.

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