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rishililawat5

GBP/USD Technical Analysis.

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
rishililawat5  
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Support and Resistance Fibonacci
4
1
trendanalysis supportandresistance fibonacci
Currently, GBP/USD is trading at 1.2281. The pair started a new down trend on 4th May after breaking support level at 1.2484. The price has already hit the first target at 1.2305 and it is moving towards its second target at 1.2186. If the price breaks the support level at 1.2268 then it may hit the second target very soon.

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Rishikesh Lilawat
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