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GBPUSD. We're looking for sell orders towards 1.24925

GBPUSD. We're looking for sell orders towards 1.24925 | 27 June 2019

27 June 2019, GBP/USD

Look for sell orders towards 1.24925.

Wave Analysis

Nothing much happened on this pair during the previous trading day, the cable is still rallying around the place where it opened during the previous trading. As long as the price remains below the upper trendline, we're looking for a possible long term sell order towards 1.24925, the idea is to wait for a possible pullback to the upperside to pick a long term sell order. And on the flip side, should price breakouts above the upper trendline, then this is a good place to look for a long term buy order towards 1.28800.

Trade Recommendations:

We're looking for sell orders towards 1.24925.

Bob Stan
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