Ascending target for bulls is based at 1.56 | 29 April 2015
29 April 2015, GBP/USD
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Pound/Us Dollar pair has successfully reached its previous ascending target is based on the upper line of the red alpha channel. To determine the following ascending target, we have drafted a new blue alpha channel. So, a new ascending outlook for bulls is based on the upper line of the blue alpha channel and it is the point 1.56. Long positions on this pair will become demanded soon.
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
