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GBP/USD Bullish Continuation Above 1.3180

By:

Nenad Kerkez

Published: Jan 7, 2020, 09:18 GMT+00:00

Dear Traders, The GBP/USD has formed a bullish signal for a potential long trade at 1.3160 zone. I expect the GBP/USD to move up further.

GBP/USD Bullish Continuation Above 1.3180

CAMMACD.Core and CAMMACD.Sit are signalling the same thing. Bullish continuation towards 1.3240. However, the price needs to reject 1.3160 and move above 1.3180. Targets are sequential: 1.3200, 1.3220 and 1.3240-60. Watch for a bullish move because buying the dips is the option to go with the GBP/USD.

The analysis has been done with the CAMMACD.MTF template.

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Many green pips,
Nenad Kerkez aka Tarantula FX
Elite CurrenSea

About the Author

Nenad Kerkezcontributor

M.Ec. Nenad Kerkez aka Tarantula is Elite CurrenSeas Head trader and a valued contributor to many premium Forex and trading websites.

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