GBPUSD attempting a breakout from a key support

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GBP/USD is attempting a breakout from a key support level, showing signs of potential upside This move comes against a backdrop of stagnation and weakness in the U.S. Dollar Index (DXY), which has recently struggled to maintain bullish momentum The pair has held above recent local lows, which indicates bullish resilience.

Technical Structure:

GBP/USD has successfully GBP/USD is attempting a breakout from a key support level, showing signs of potential upside signalling a shift in short-term momentum 1.37000 Holding above this strengthens the bullish case 1.3850: A more significant resistance level. A break and close above this could confirm a broader bullish trend and open the door Further side,

You may find more details in the chart.
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