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OctaFX_Official

GBPUSD new high needed

Paun British / Dolar A.S. (FX:GBPUSD)  
OctaFX_Official  
FX:GBPUSD   Paun British / Dolar A.S.
Trend Analysis Chart Patterns Technical Indicators GBPUSD pound dollar octafx support Support and Resistance
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trendanalysis chartpattern indicator gbpusd pound dollar octafx support supportandresistance
The British pound is still holding above the 1.2100 level against the US dollar, although the pace of recent gains has now started to slow down. Bulls need to move price above the current weekly trading high to encourage buying towards the 1.2200 level. Overall, a potential inverted head and shoulders pattern may be forming while price holds above the 1.2080 support region.

The GBPUSD pair is only bearish while trading below the 1.2080 level, key support is found at the 1.2050 and 1.2020 levels.
If the GBPUSD pair holds above the 1.2080 level, buyers may test towards the 1.2200 and 1.2250 levels.

Idea Berkaitan

OctaFX_Official
GBPUSD 1.2310 major resistance
OctaFX_Official
GBPUSD targeting 1.2200
Penafian

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