GPBUSD

 

The GBP/USD remains in an uptrend mood (1.2980 trend line) with the closest target at the 1.3174 . If the price breaks the 1.3174 level, the next target will likely be at the 1.3320. In contrast, support is found at the 1.3059 and 1.2980 respectively. A break below the 1.2980 could possibly force the pair as high as 1.2865 (April Low). The RSI(DAY) remains at the neutral territory. The CCI(DAY) closed at the overbought territory.

 

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Christos Nikolaou

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