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KaltoireCapital
Oct 19, 2020 5:53 AM

GBP/USD Price Outlook| Uptrend to 1.32 is possible Long

British Pound/U.S. DollarFXCM

Description

Dear friends, in my previous idea I told you to buy near 1.2850 level.
Price dropped near the 1.2850 level and then went back up.

Currently, I am still looking to buy the dips in GBP/USD as long as price stays
above the 100-day EMA level.

Targets would be 1.3060 and then 1.32 with SL below 1.2850.

The buy entry will be taken only if bullish price action happens close to the entry.
Comments
InkyGrip
Another great chart! thanks for your time! 🚀🦐💪🏻
Zaks_ForexRules
@plancton0618, it looks ok
Fisher_Fx
great analysis.
rjoshicool
Should we wait for the dip or it is okay to buy at current price as well?
KaltoireCapital
@rjoshicool, Better to wait for a dip. That's what I am doing to keep the risk low
rjoshicool
@SynergyCapital, thank you and thanks for all the great analysis
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