GBPUSD ! Support testing. The price returns to the range

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GBPUSD shows quite an interesting picture, forming a setup for upward pricing. The pound is testing on a rollback the support formed by the price stop on May 12, 2022.

There is a trading flat range between 1.2595 - 1.2260 on the chart, and the price after a false breakdown of support is trying to return to the long zone, from the level of 1.22600.

I expect the price to rise if the Pound enters the range and fixes above the support. Short-term target - resistance 1.24700

Sincerely, R. Linda!

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