Swing area at 1.24047-14 defines a ceiling area for the GBPUSD The GBPUSD spiked higher after the BOE decision earlier today. The move to the upside was able to extend above the most recent trend line
The economic activity in the US private sector continued to expand at a modest pace in early December, with S&P Global Composite PMI edging slightly higher to 51.0 from 50.7 in November.
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