Wait | 31 December 2019
31 December 2019, GBP/USD
Technical Observation:
GBPUSD is still few pips around this weeks opening price while the price is not able to clearly break and close above the previous week's highest high or below the previous week's lowest low, we expect nothing but further consolidations, but in case the price breaks above the upper limit then, we recommend looking for long term buy positions towards 1.35625. And should the price break below the previous week's lowest low, then this will give us an ideal place to consider a possible long term sell order towards the next levels.
Trade Recommendations
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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.
