Nick Nasad
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GBP/USD - Does Break of 1.60 Imply Short-Term Rally?



The GBP/USD has pushed through its highs sets on Friday, breaking the pair out of its 2 session range, and perhaps ending the downswing the pair has seen since October 3rd. Some logical targets to the upside would be the next key horizontal pivots at 1.6060 and 1.6120 if that is the case.

Here's another view of the analysis:


- Nick