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GBP USD signals and technical analysis

The GBP / USD pair fell today

As noted in the previous GBP usd technical analysis  from Gold Pattern

The pair reached the medium term support level near 1.3050

At the same level, GBPUSD is testing the medium term uptrend line for the third time

The GBP USD chart also showed a large or expanded triangle pattern and the pair is testing

The lower descending line of the triangle for the third time near the support level 1.3050 which is considered Opportunity to buy as the technical analysis of the GBP usd

The pair also formed the bearish AB = CD pattern, which started

From the level of 1.3337 on the thirteenth of last October

All these indicators or price patterns suggest buying opportunities

Pound Sterling against the US Dollar on the Forex Exchange

Summary of the daily technical analysis of currencies and GBP

But so far the pair has not seen any significant rise above the support level

And therefore can buy now or wait to buy if the price close the pair near

the level of 1.3100 on the clock

GBP USD

buy @ 1.3050

tp1  @ 1.3120

tp2  @ 1.3150

sl    @ 1.3010


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