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The pair failed to confirm Mondays’ negative day reversal forming instead a positive one suggesting another test on the upside. A daily closing tonight above 1,5450 will support higher levels!!

The indicators of the daily chart are still well positive for now while those of the s/t charts are however still showing a mixed picture suggesting further consolidation/ correction. Bearish divergences are still confirming the positive tone and since yesterday have now also a potential positive reversal suggesting a s/t target at 1,5572!! A move above 1,5450 will confirm the move up!!

I missed to buy the GBP as it never touched the 200 hours line and wait for a new opportunity!


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