The British pound bullish pattern is not yet rule out.

GBPUSD stuck within the range of 1.2702 and 1.2520 level for the moment

Only a strong breakout above 1.2730 upper BB, will confirm further upside in the cable.

A downside breakout from the MA range might put GBPUSD at risk of expect to see a lower close.
Technical IndicatorsTrend Analysis

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