maxtodaro

GBPUSD Bullish Short-Term Signal

Long
FX:GBPUSD   British Pound / U.S. Dollar
2
GBPUSD breaks up 50% Fibonacci retracement, multi swing resistence level @1.5775. Good accumulation period mid-June to mid-Aug. Dynamic support @1.5550. Ok, we estimate tp @1.605 and 1.625 eventually. I think this trend is driven by USD weakness, not GBP strengthness. Stop @1.550
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