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GBPUSD: Corrective Rebound May Manipulate the traders.

 

 

 

 

Since Tuesday, the pair GBPUSD facing its upward momentum. As for now, wherein the current rebound in the pair could extend to 1.3170. Over the past two days, the pair’s price action seems well in the upward, in spite of that the quotes could reach the level 1.3170 within a couple of days. At this stage, the odds for the further Upward move has Increased.
On the Contrary, the support zone for the pair raised to 1.3000 from 1.2900 previously, but the chance for a complete pullback action is too low. A reversal from the current action can manipulate the sellers Invade.
Traders beware this action, have a close look at the chart and decide your trades.

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14 Sep 2018 3:09 pm Posted by admin