GBP/USD Signal - Mean Reversion Strategy - 29 Sep 2021

Long

British Pound / U.S. Dollar (FX:GBPUSD)

FX:GBPUSD British Pound / U.S. Dollar

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GBPUSD has held support today, after yesterdays large sell off. Technically the pair has breached through the bollinger bands, and the RSI has generated an over extended signal, and we anticipate continued upside into the 1.370 level.

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