GBP/USD Analysis:
The pound did a break out of 1.550!
It attempted 1.560 and now at price above 1.562. Support nows render at 1.554/1.555.
Using Fib retracement, the first resistance has now becomes the support at 1.555, the next resistance is at 1.565, then 1.573.
The pound hit 1.565 yesterday and if it continues to break 1.565, 1.673 is the next target.
Market has been on a good sentiments run, with US Dow making good run. EUR has also been a high, hitting 1.30.
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