GBP/USD technical analysis: 50-HMA, 4-day long resistance-line limit immediate upside

Unless successfully breaking nearby resistance-confluence, GBP/USD isn’t expected to carry the latest recovery forward as it trades around 1.2164.
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Germany Retail Sales (MoM) came in at 3.5%, above expectations (0.5%) in June

Germany Retail Sales (MoM) came in at 3.5%, above expectations (0.5%) in June
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