ozgurb86

GBPTRY targets 12.0000

Long
CAPITALCOM:GBPTRY   GBP/TRY
GBPTRY completed its downward movement inside the descending channel since June 2021 and is now bouncing back.

50 SMA is about to cross upwards 200 SMA , which will be the confirmation for further upward move.

The price is rejected by support 11.7160 and Bollinger band suggests buying from here. The final target is 12.0000
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