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GBPUSD - GBPUSD Completes Bearish Wave 5 at 1.2950?

GBP/USD made a bullish bounce at the support trend line (blue) near 1.2950 as expected. The bullish bounce could indicate the end of the wave 1 (blue) and the start of wave 2 retracement. GBP/USD coul...

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GBPUSD & GBPJPY Report for 3rd October.

GBPUSD holding below 1.2980/75 tests 4 month trend line support at 1.2900/1.2890. above 1.3060 targets strong resistance at 1.3100/20. Shorts need stops above 1.3150 Holding above 1.2980 targets 1.312...

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GBPUSD Intraday Analysis

GBPUSD (1.2995): The GBPUSD currency pair weakened on the back of a dismal construction PMI report. With price action clearing the support level at 1.3054 – 1.3028, the cable is expected to continue t...

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GBPUSD Extends Negative Move, Downfall Could Pause In Short-Term

GBPUSD has been erasing gains since the peak at 1.3297 on September 20 to fall back into the Ichimoku cloud. Yet, the RSI indicates that the downfall may stall as the indicator is near its 50-neutral ...

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GBPUSD: Expect a further fall in prices to 1.2974

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