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Barchart
Barchart
Jim Wyckoff

June British Pound Futures Hit a 6-Month High This Week. The Chart Suggests They Will Keep Climbing.

British Pound US Federal Reserve

June British pound futures (B6M25) are a buying opportunity on more price strength. 

See on the daily bar chart for the June British pound futures that prices are trending higher and this week hit a six-month high. The bulls have the firm near-term technical advantage to suggest the path of least resistance for prices will remain sideways to higher for at least the near term. 

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