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GBP/USD is trading near its daily highs above the 1.3200 level. GBP/USD is trading in a small range as Independence Day in the US see limited volumes in the forex market. As a result, GBP/USD is unlikely to have a strong breakout in either direction due to the US holiday.

Bullish runs might be capped at the current high of the day at 1.3228 while 1.3200 figure and 1.3155 are likely going to act as support.