Bullish runs might be capped at the current high of the day at 1.3228 while 1.3200 figure and 1.3155 are likely going to act as support.
GBP/USD Daily Forecast - 5 July
GBP/USD is trading near its daily highs above the 1.3200 level. GBP/USD is trading in a small range as Independence Day in the US see limited volumes in the forex market. As a result, GBP/USD is unlikely to have a strong breakout in either direction due to the US holiday.
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