GBP has produced a retracement of 61.8% of yesterdays run. UK Manufacturing PMI exceeded expectations, a further upside could have been a preferred scenario if no market moving news were pending. Today ADP employment and tommorrow NFPs will give a main puch to GBPUSD in either direction. Looking at the chart, a further pair's upside is favourable. The pair has broken out of the box and is consolidating. A move through resistance at 1.305 will give a way to 1.345. In opposite, a breakdown of 1.275 wil target a retest of 1.2
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