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Buy GBPUSD from 1.25187

Buy GBPUSD from 1.25187 | 20 September 2019

20 September 2019, GBP/USD

Buy GBPUSD from 1.25187

Technical Observation

Yesterday, GBPUSD continued significantly to the upperside and is still above the zone 1.25187-1.25084, while the price is contained above this zone, I'm expecting further momentum to the upperside with the next ideal take profit at 1.25755 and could breakout even higher. On this chart, a retracement back towards 1.25187-1.25084 will be a good place to look for a low risk buy order. But in case the price breaks below 1.2084, then I will consider a long term sell order towards 1.24375.

Trade Recommendation:

Buy GBPUSD from 1.25187

Imelda Maseno
Analyst of «FreshForex» company
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