GBP/USD daily |
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The chart shows the movement started from 2.0146. I think that it is a flat correction and could be already over. In such a case one should expect a new rise from here for a move above 2.0146. A key resistance is 2.0074. A key support is 1.9906 Trading strategy: 10:56 EST; 15:56 GMT Long position from 1.9995, stop loss – 1.9905, target - open Confidence level - medium Trading strategy: 10:28 EST; 15:28 GMT Buy at market (1.9995), stop loss – 1.9905, target - open Confidence level - medium
Filed under: Technical
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