GBPUSD Rising Channel Target 1.30155
Updated
GBPUSD pair sustained unexpected downside due to brexit decision, the pair continuously trading between rising channel respecting other moving averages and support and resistance lines. The pair is expected to touch 1.30155 level as channel resistance before again going towards channel support. MACD and RSI indicators on daily chart are also showing bullish entry up the target.
Trade closed: target reached
target achieved, exit all long positions
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