Buy GBPUSD on breakout
GBP/USD is on the verge of breaking the crucial 1.28280 level, representing last year's December high. A breakthrough above this point would signal a positive outlook for buyers. The RSI indicates strong momentum, and there is no bearish divergence in this current trend. Buyers should consider placing their stop loss at the last higher low, situated at 1.25900. The upward targets are set at 1.29950 and 1.31400. Given the daily time frame, it's essential to manage risk appropriately.
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