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GBP/USD Determined to Push Above 1.2800

By:
Nenad Kerkez
Published: Jul 23, 2020, 08:20 GMT+00:00

The GBP/USD is bullish. We can see a new rejection from the D L3 level which marks uptrend continuation

GBP/USD

The GBP/USD is bullish. We can see a new rejection from the D L3 level which marks uptrend continuation

1.2710-20 zone is where buyers are if the pair manages to hold above 1.2700 we should see another push towards higher levels. The first target is 1.2750. A close above 1.2750 will give another bullish impulse to the pair towards 1.2788 and 1.2811. The highest projected pivot target is 1.2833 and it can be reached if there is enough momentum above 1.2811.

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The Analysis has been done with the CAMMACD.Core and Sit Systems

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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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