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Elemont
Nov 3, 2016 12:17 PM

GBPUSD BREAKOUT FORECAST Long

FX:GBPUSD240
British Pound/U.S. DollarFXCM

Description

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GBPUSD just broke out of multiple pennants after delays in the Brexit and positive monetary news. We expect price to find some resistance at the orange trendline, which is also the 200 MA, before progressing further upwards targeting 1.26
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