GBP/USD - British Pound Dollar Short term (Intraday)
1,9414. GBP USD is in an uptrend supported by 1H exponential moving averages. GBP USD is in a consolidation after the last bullish movement. The price is just bellow 1,9450 resistance. The volatility decreases. Bollinger bands are tightened. Oscillators are neutral. The uptrend should continue to gather momentum. The price should find a support above 1,9380/9400. We could take a long position at 1,9410. We will put the stop loss below 1,9380 (-30 pips). The targets are 1,9700 (+290 pips) 2,0000 (+590 pips). This is a dangerous trade, take care and put your stop loss. Resistances : 1,9450 - Supports : 1,9400 - 1,9380 - 1,9350 - 1,9320 Chart :
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