Kaetea_Ng
Long

GBPUSD Daily Analysis 3.1.2019

FX:GBPUSD   British Pound / U.S. Dollar
Hello Traders,
During today's midnight we've experienced an unexpected crash on many pairs due to Apple's revenues release.

GBPUSD quickly reversed to the mean however and we are at a very key price level.

It seems that our resistance level at 1.25850 is getting broken and that might indicate the end of our downtrend. The MA-cross also supports this idea.

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