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Gbpusdlongsetup

GBP/USD Weekly Long Prediction This one prediction may or may not take long to form at all. I decided to take this pair on a weekly outook to be sure of no noise on the smaller time frames. With everything going on with this Brexit deal I'm sure there will be some volatility in this pair. I would play it safe but setting a small trade on this pair. Once the pair breaks through the 1st resistance zone and becomes support I would think about doubling up on this pair for the long haul. (Comment Your Thoughts)
Long
by ProfxCapital
GBP/USD update: teasing inverse head and shoulders breakout Current rate: 1.2736 Cable clocked a high of 1.2757 post-NFP. The pullback does little damage to the bull view. A 4-hour close above 1.2745 would confirm a inverse head and shoulders breakout and open the doors to at least $10. pip move. The breakout on 4H would supplement the bullish profile of the daily chart, which has 5 and 10-day bull cross and the bullish divergence of the RSI Buy GBP/USD @ 1.2737 target 1.2-1.2830 with stops below 1.2667
Long
by OmiFX8
GBP USD SHORT, FUNDAMENTALS + TECHNICAL GBP USD, according to the US data release today we we will expect US Strong, which will provide a good set up for USD JPY and Of course GBP USD After this impulse of the pair we will need to recover in order to push lower. First we have 1.28520 on the cards, However a clean break of 1.30 on the Daily time frames will me this trade invalid. Furthermore the impulse is great and does not look that will stop now, the relationship between UK-EU is not the best at the moment, this will make the investors give a step back. resulting in a bigger supply of pounds on the market, which will result in a depreciation of the Pound. In another hand we have US coming with positive data. All the best Trading Protection
Short
by TradingProtection