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NEWS: GBPUSD continues the chop after the sharp run higher yesterday. May 11, 2021 at 04:00PM


38.2% retracement holds support. The high from yesterday stalls the rally.
The GBPUSD accelerated higher yesterday after the Scottish election results over the weekend. The pair moved to a high 1.41573. That was the highest level since February 25. The high for the year was on February 24 at 1.4240. The pair is still a ways away from that high. Nevertheless,

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