GBP/USD Technical Analysis for November 21, 2017

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The British pound initially fell during Monday, but then sliced through the 1.3250 level early in trading. We pulled back a bit, testing that area for support. But now it looks as if we are ready to consolidate in this general vicinity, and I think that if we can break above the surge during the trading session, I think that the market then goes towards the 1.35 level, the next psychologically important handle.

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