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GBPUSD






4/26/2020 7:49:40 PM

GBPUSD - Technical Analysis: Monday, 27/04/2020



The GBPUSD pair begins bearish correction for the last rise, approaching to form head and shoulders’ pattern that confirms by breaking 1.2245.

The negative pressure formed by the exponential moving averages 50 and 100 supports the continuation of the decline in the coming period.


Target
Risk


Support
Resistance


Trend Bearish

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