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GBPUSD 12.3.2025
General Trend:
The price is in an uptrend, approaching a strong resistance zone between 1.2981 and 1.3030, which could act as a barrier to further gains.
Expected Scenario:
Bullish Scenario:
A breakout above 1.3030 could push the price toward 1.3150 in the short term.
If buying momentum continues, further gains toward 1.3250 may be seen.
Bearish Scenario:
Failure to break 1.3030 could result in a corrective pullback toward 1.2795.
A break below 1.2795 may push the price lower to 1.2545.
Key Levels:
Resistances: 1.2981 - 1.3030 - 1.3150
Supports: 1.2795 - 1.2545 - 1.2400
Disclosure of risk: Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.
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