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TipTVFinance
May 18, 2017 1:29 PM

GBP/USD needs to close above 1.30 

FX:GBPUSD1D
British Pound/U.S. DollarFXCM

Description

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A daily close above 1.30 in the wake of a golden cross (bullish 50-DMA & 200-DMA crossover) and a bullish RSI would open doors for a more sustained rally to 1.31 levels.
Failure to hold above 1.30 today would signal fresh sell-off to 1.2850 levels.
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