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Daily Market Analysis 23.05.2022: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1.25816 with take profit at 1.26090 Bearish Preference: Sell position is envisaged if price trades below 1.24958 with take profit at 1.24666 Fundamentals:3:15pm BOE Gov Bailey Speaks Comment: The U.S. dollar weakened in early European trade Monday, with risk sentiment boosted by hopes that loosening lockdowns in China …

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