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GBP/USD Technical Analysis In case GBP/USD rises above (period SMA) and confirms that level as support, additional gains toward (static level) and (psychological level) could be witnessed. On the flip side, the ascending trend line coming from mid-May forms significant support at Get live data on the GBP/USD rate with the interactive chart. Read the latest news, analysis and EUR/USD forecasts brought to you by the DailyFX team. Scotiabank's GBP/USD forecast had sterling trading around for the remainder of and in But Royal Bank of Canada sees sterling dropping.