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British Pound / U.S. Dollar

GBPUSD Technical Analysis

By Saleh11
Updated
GBPUSD short time buy target 1.3180 long time Sell 1.3200 Area 1st take profit 1.2980 Area and breakout this level another Sell 1.2970 area Take profit 1.2770 Area .
Note
Given the overnight breakthrough a descending triangle support, coinciding with the very important 200-day SMA, support prospects for an additional depreciating move.
Daily Fibonacci 38.2% 1.2962
Daily Fibonacci 61.8% 1.2984
Previous Monthly High 1.3384
Previous Monthly Low 1.296
Daily SMA100 1.2961
Daily SMA200 1.2964
Note
GBPUSD Daily movingaverage 200 ma 1.2965 level so take a short sell position 1.2965/80 leve. Take profit 1.2870 level.
Chart PatternsForexforexsignalsforextradingfundingfundmanagementGBPUSDTechnical IndicatorsTechnical AnalysisTrend Analysis
Saleh11
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