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The 1.34800 support is a strong and important level for GBP/USD.
GBP/USD CAPITALCOM: GBP/USD
GBP/USD has yet to be able to break above the 1.34800 level and close below it for more than a session or two. But all the breakouts were false for a few hours before it bounced back above that level. Let’s focus on this important level.