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GBPUSD, H4 GU on the 4H chart pulls back after a big upswing | A1 Trading Forex Analysis

GBPUSD, H4

GU on the 4H chart pulls back after a big upswing that topped out around 1.42438. This pullback found its way to mild support with additional support on a rising trend line starting in early February. Monetary policy reports today in the UK which will discuss inflation and economic outlook, so price may be a little volatile today.

- Frank