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GBPUSD

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At present the condition of the GBP / USD pair is sideway with a range between the price range of 1.416xx as the upper limit and the price range is 1.411xx as the lower limit
#376 - May 24, 2021, 08:36:40 PM
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I see this time at Pair GBP / USD there will be rejection if viewed from Time Frame Daily. The possibility of prices can go down to the support area of 1,4003
#377 - May 25, 2021, 09:28:00 PM
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GBPUSD movement in yesterday's trading session failed to break resistance 1.4166 and tends to be bearish although it is seen that the movement is still in a sideways movement with a wide range, the daily timeframe candle closes with a pattern of decline again and approaches 1.4100 support.

For a rise in GBPUSD it is still possible to return to 1.4144 and 1.4175 although I think if it goes back up, it's just looking for a footing to fall deeper.

For the GBPUSD trading plan, I chose to look for a sell setup for future trades where the current price is close to 1.4100, if I can break I estimate that GBPUSD will continue its decline to the 1.4050 daily middle bolinger timeframe.


#378 - May 27, 2021, 02:22:45 AM
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