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GBP/USD Forecast: Testing Previous Support
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In case of breakdown and fixation above the mentioned resistance, we expect a rise to the limit seller 1. In today's trading session, I am looking for short-term selling opportunities on GU. As I noticed that price is currently forming a flag exhaustion pattern. I will pay attention to both 1.
- GBP/USD clings to gains above 1.38 amid the UK's reopening.
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- GBP/USD | British Pound to US Dollar FX Trading Analysis | ?
Trade safe and be flexible. Do follow my profile Waiting for pivot points and buy up.
Last week, our forecast for GBPUSD came-out to be correct, as the price reached the support area and hit our first target. After this move will finish, we are expecting the price to fall towards the support area. The most notable news TradingView EN. Videos only. Technical Analysis. Economic Calendar.
Read the latest news, analysis and EUR/USD forecasts brought to you by the DailyFX team. Note: Low and High figures are for the trading day. GBP/USD is the forex ticker that shows the value of the British Pound against the US Dollar. Real Time News. nickcawley1 -8h m Follow. EUR/GBP - Sell-off continues​weekly chart showing /75 as next potential port of call. #euro #sterling.
The GBPUSD pair retested the broken support of the double top pattern and the broken support of the bullish channel that appears on the chart, and keeps its stability below it, noticing that the The GBPUSD pair continues to rise to retest the broken neckline of the double top pattern, and stochastic suffers big overbought situation, waiting to assist to push the price to resume the expected The GBPUSD pair trades with clear positivity to approach retesting the broken neckline of the double top pattern that its signs appear on the chart, noticing that stochastic shows clear overbought Symbol Last Change Chg.
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