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FxWirePro

Cable trend reversal only below 1.5650, good to buy at dips

Long
British Pound / U.S. Dollar (FX:GBPUSD)  
FxWirePro  
FX:GBPUSD   British Pound / U.S. Dollar
6
0
GBP/USD has taken support around 1.5650 and any further weakness can be seen only below that level.

On the higher minor resistance is around 1.5730 and break above would extend gains till 1.5770/1.5800.

Break below 1.5650 will target 1.5600/1.5550 level.

It is good to buy at dips around 1.5685 with SL around 1.5650 for the TP of 1.5768/1.5800
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