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GBPUSD : Current Situation & Technical , Fundamental View

British Pound / U.S. Dollar (FX:GBPUSD)  
benny_marshall  
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Wave Analysis Fundamental Analysis GBPUSD DXY dollar BTCUSD snp500 fundamental-analysis Technical Analysis elliotwaveanalysis analysis
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#GBPUSD

- Currently the MARKET SENTIMENT for GBPUSD is on the UP SIDE. Due to MARKET RISK ON, all MARKETS including STOCKS and STOCKS can go UP at this time. It affects the POUND greatly. GBPUSD may be slightly UP after this session.

- The price can definitely move up to the SUPPORT LEVEL below the GBPUSD. The reason for that is because there is a good UP SIDE BIAS in the MARKET for USD. But GBPUSD can sell until 1.0766 level.

And after that the market can SELL to the 1.1750 LEVEL GBPUSD can BUY if the MARKET SENTIMENT changes and STOCKS and COMMODITIES start going UP. So keep an eye on it.
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