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Forex: GBP/USD hits fresh lows ahead of the closing bell

FXstreet.com (Córdoba) - The Cable weakened further and fell toward a marginal new low at the end of the trading session on Friday weighed by market's cautious mood.

Following a recovery attempt that was capped by the 20-hour SMA at the 1.5380 area, GBP/USD resumed the downside and recently hit a low of 1.5341. The pair is currently trading barely above that level where it records a 0.2% daily loss, but remains on track to close the week with a 0.2% gain.

In terms of technical levels, immediate supports could be found at 1.5320 (Apr 11 low) and 1.5300 (psychological level), while resistances are seen at 1.5380 (intraday level) and 1.5410 (Apr 12 high).

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