GBPUSD is currently rallying around 1.3077. On the 1 Hour Chart , the previous candle closed above the previous 52 Period Exponential Moving Average. This is a possible Indication that we are in an active up trend . According to the weekly charts, we are approaching a significant weekly resistance level set at 1.33475. This will give us a good sell place. While we continue to see a sustained move above the previous week's highest high we expect a surge much high with an Ideal Target at 1.33472. At this point, buy Positions looks ideal and can be recommended with an ideal take profit 1.33472.
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