The Pound is hitting our targets so where to from here

The GBPUSD has kicked off beautifully and traded straight into the 1.2975 zone. We are now watching to see if sellers can push price lower off 1.2975 and how the buyers will react. Ideally we would love to see an extension of the bullish action to 1.3005 but happy to tighten up the risk in case the bears start to take control and look to press price back down to the BidZone.


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