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GBP/USD Forecast September 13, 2017, Technical Analysis
Updated: Sep 13, 2017, 03:50 GMT+00:00
The British pound hundred explosive session on Tuesday, breaking above the 1.3250 level. If we can close above this level for the daily candle, I think at
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The British pound hundred explosive session on Tuesday, breaking above the 1.3250 level. If we can close above this level for the daily candle, I think at that point buyers will come in and continue to push towards the 1.34 handle next. I still would anticipate a lot of volatility, but at the end of the day I think dips will offer buying opportunities if we can make that important close. Otherwise, we will probably go back towards the 1.32 handle where we would have to ask very similar questions. It will be choppy, but it looks like the buyers have finally taken control again.
GBP/USD Video 13.9.17
About the Author
Christopher LewisSenior Analyst
Chris is a proprietary trader with more than 20 years of experience across various markets, including currencies, indices and commodities. As a senior analyst at FXEmpire since the website’s early days, he offers readers advanced market perspectives to navigate today’s financial landscape with confidence.
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