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Farooq

Technical Analysis – GBPUSD _ 11-02-2019

HomeTechnical AnalysisTechnical Analysis – GBPUSD _ 11-02-2019
11
Feb
Technical Analysis – GBPUSD _ 11-02-2019

The pair is maintaining its stability below 1.3000 – 1.3030 which keeps the possibility of the downside to the list to head to the second target at 1.2810 support, which could push the price to head to 1.2700 as a third target.
A break of the SMA 50 with a four hour closing above 1.3030 might be enough to end the downside scenario and the price could push towards 1.3115 as the first target and then 1.3210 as the second target.


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