ozgurb86

GBPTRY targets 12.0000

Long
ozgurb86 Updated   
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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