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Elrouby
Nov 18, 2021 2:39 PM

gbpusd  

British Pound/U.S. DollarFXCM

Description

We expect gbpusd to rise to 1.37000 , because we expect the dollar to weakness and bound strengths , especially after the release of British inflation data, which boosted the demand for the British currency strongly due to optimism about tightening British monetary policy faster than expected.


Comments
excitedBoa250
I have buy trade at 1.36276 can i hold on to see if the price touches the buy trade of mine. Please suggest and advice.
Elrouby
@excitedBoa250, It seems that the target cannot be reached before retested so you can close it now and buy again at 1.34250 that's safer
adrianch20
so currently still have some small correction than continue rally above 36.000? whats your thoughts?
Elrouby
@adrianch20, yes i think so i will retest 1.34250 or 1.3367 then the pump
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