This article will analyze the possible scenarios for the EU, and what's more important, look at the charts. There is a lot to see, let's go!
GBP/USD: uptrend may continue
2019-11-11 • Updated
Technical levels: support – 1.4150; resistance – 1.4200, 1.4250.
- Buy — 1.4160/70; SL — 1.4150; TP1 — 1.4250; TP2 — 1.4290.
Reason: bullish Ichimoku Cloud, but the lines Senkou Span A and B are horizontal; a golden cross of Tenkan-sen and Kijun-sen was cancelled, but the prices above the strong support of the lines.
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