Possibility of uptrend

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Possibility of uptrend Great British Pound vs. US DollarFX:GBPUSDSTPFOREXGiven the price reaction at the support zone and the onset of the recent upward wave, a trend reversal is expected at the current resistance level, likely leading to a corrective phase. However, a breakout and consolidation above the resistance zone would make a continuation of the uptrend probable.