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GBPUSD: Who will say No for more than 4% Reward?- Bullish.

 

 

GBPUSD ready to grab the six months old resistance. In a daily time frame, GBPUSD signalling for a throwback formation, As for now,GBPUSD noting its presence @ 1.29685. The 1.32576 ready may offer an instant halt for the price range but some fundamental factors have the power to redirect the trend, on top of that USD strength might pull the market towards 1.31754, that’s not an issue. Pound marching with the promising number’s. It has a powerful magnetic flux towards 1.29722.

Alternatively, In spite of buyers invade the market has a chance for reversal. In this case, the continues decline after 1.30782, may target the 1.28243.

Signal Specification

[email protected] 1.29685

Tp: 1.36116

Sl: 1.28243

R/R: 4.46

Have a look on the chart and decide your trade.
Happy trading.

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24 Oct 2018 12:08 pm Posted by tamilforex

 
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