Purchasing pound sterling

FX:GBPUSD   British Pound / U.S. Dollar
24 0 0
The dynamics of the GBP/USD             pair is opposite to that of the EUR/USD             pair. The pair is witnessing a powerful rising trend that is targeting the upper bound on the four-hour chart. Moving averages are pointing north, and once a fast moving average crosses a slow moving average, we will start searching for positions suitable for purchasing.

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