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Back Technical analysis
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Back Technical analysis
GBP/USD. April 7th. The British Pound Found Support
On the hourly chart, the GBP/USD
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On the hourly chart, the GBP/USD pair on Monday made a third rebound from the support level of 1.3177–1.3199, reversed in favor of the pound, and began a new upward movement toward the resistance level of 1.3341–1.3352. Thus, the 1.3177–1.3199 level is currently acting as a support point for GBP/USD. A consolidation of prices below it would allow for further decline of the pound toward the corrective level of 161.8% – 1.3016. The wave situation has shifted back to
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Samir Klishi,
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