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GBP/USD forecast - page 88

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mtllc
99
mtllc  
The pair found support at 1.4245 (ex resistance). 
Victoria Jensen
968
Victoria Jensen  
The move to the upside continues, the pair broke out above 1.4300 and it may rise to 1.4350.
Victoria Jensen
968
Victoria Jensen  
The rally lasted to 1.4375 where the pair finally formed a shooting star candlestick on the four-hour time-frane and started moving to the downside. Next target is likely 1.4250.
mtllc
99
mtllc  

GBP/USD dopped below the 1.4300 after having posted a fresh multi-month high at 1.4375 . However the pullback could meet strong support at 1.4244 (late March’s highs) and ex long term resistance that should to keep intact overall bulls. Tomorrow will bring the next key event for the Cable with the release of UK inflation data which could provide fresh direction signal.

Victoria Jensen
968
Victoria Jensen  
The move to the downside found some support at 1.4170 and is currently testing that level and it will likely break out below it and continue falling.
mtllc
99
mtllc  
GBP/USD recomer some ground, but yet remains capped by the resistance at 1.4244.
Mauro Giuseppe Tondo
1112
Mauro Giuseppe Tondo  
1.4060/1.4050 target short
Sarita Maru
51
Sarita Maru  
Today's date had a great impact on the trend. The uprising channel lower support was broken badly.
Ari Goldman
831
Ari Goldman  
It was a good opportunity to short the pair this week.
Victoria Jensen
968
Victoria Jensen  
GBP/USD is at 1.4100 and it is still very bearish, the move to the downside will probably continue.
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