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GBPUSD






8/6/2020 2:39:37 AM

GBPUSD - Technical Analysis: Thursday, 06/08/2020 06:39 GMT



The GBPUSD pair’s moves inside ascending channel carries the price to continue the bullish trend on the short term and medium term basis, besides the completion of bullish flag pattern that supports achieving more gains.

The exponential moving averages 50 and 100 provide the support to the price and push to continue the bullish trend.


Target
Risk


Support
Resistance


Trend Bullish

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