As the US Dollar is heading south, the GBP/USD pair is heading north with a lot of steam and volume from the bulls. As shown on the chart, the bullish wedge resistance has been broken to the upside and the price continued to head North. As we follow this trend, the next resistance would be at 1.24465 and if it manages to break through this level, the pair will head towards the Double Top Resistance at 1.26253.
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