The GBPUSD remains in an uptrend mood (1.2560 trend line) with the closest target rate at 1.2736 (20-day ma). A break above the 1.2736 level could possibly force the pair as high as 1.2977. In contrast, support is found at the 1.2605 and 1.2560 respectively. A break below the 1.2560 could possibly force the pair as low as 1.2000 (Psychological). The RSI (DAY) remains at the neutral territory. The CCI (DAY) remains at the neutral territory.


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Christos Nikolaou

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