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Buy GBPUSD above 1.24410.

Buy GBPUSD above 1.24410. | 10 September 2019

10 September 2019, GBP/USD

Buy GBPUSD above 1.24410.

Technical Observation

Few days ago, GBPUSD Rose above the three Moving Averages and is still above these three MAs making parts of the trend indicator. While the price is contained above these three, I expect further momentum to the upper side with my ideal take profit at 1.27530. On its way to the upper side, the key lines to look for include 1.24410, 1.25655, 1.26285 and 1.27530. If price breaks above 1.28160, then this will be a good place to look for long term buy orders towards 1.2921.

Trade Recommendations:

Buy GBPUSD above 1.24410.

Imelda Maseno
Analyst of «FreshForex» company
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