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OmiFX8
May 6, 2019 7:51 AM

GBPUSD: buy the dip below 1.31 

British Pound/U.S. DollarFXCM

Description

GBP/USD has pulled back from Friday's high, but the outlook still remains bullish, as indicated by the wedge breakout seen in the daily chart. The breakout is backed by 5, 10-day MAs, indicating bullish setup.

Hence, its best to buy dips below 1.30 for target of 1.3224.



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