GBP/USD forecast - page 110

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Candra Purnomo:
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Please post in English on this forum

 
I think GBPUSD is going to depreciate in light of the recent USD rally. Altho I'd like to see the opposite.
 
Your wish is coming true because the pair is very bullish and it will likely reach 1.2900 soon.
 
Despite ''no deal'' Brexit fears, GBP/Usd the risk is turned to the upside, Pound benefits from weak Dollar and broke above 1.29 level, possible to knock on the door of 1.3000.
 
It's stalling at 1.2915 but it will likely break out above that level. The question is whether it will rise above 1.3000 too.
 
Pound/dollar is trying to test 1.30, as it seems. 
 
Upside momentum seems to take a pause, I'm expecting the pair trade sideways for the short-term. Resistance can be found at 1.2936 and follow by 1.2960, on the downside, immediate support is at 1.2865.
 
Despite the correction today, I still wait for 1.3000.
 
1.30 would do for me.

 
I'm waiting to sell around 1.3180, it's kinda in a consolidation right now, if it breaks 1.2980 we could see another leg up.
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