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GBPUSD 20.5.2025
General Trend:
The pair broke a minor descending trendline and is trading above 1.3260 with early signs of bullish momentum.
Expected Scenario:
Bullish Scenario:
- Holding above 1.3260 supports a move toward 1.3349 and 1.3400.
Bearish Scenario:
- Breaking below 1.3260 could put pressure on 1.3200 and then 1.3144.
Key Levels:
Resistances: 1.3260 – 1.3349 – 1.3400
Supports: 1.3200 – 1.3144 – 1.3022
Disclosure of risk: Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.
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