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- GBP/USD is trading near a three-week high
GBP/USD is trading near a three-week high
Today, the GBP/USD pair is trading with an increase from $1.3665 to $1.3755, reaching a three-week high. On the hourly chart, the pair is fixed above the moving average line MA (200) H1 ($1.3625) and on the four-hour chart it is testing MA (200) H4 ($1.3695). In this situation, the scenario of further growth of the GBP/USD pair is likely. Finding a sell position can be a wise decision for those who want to take advantage of a stronger pound.
⦁ Resistance levels are: $1.3810, $1.3855, $1.3915
⦁ Support levels are: $1.3665, $1.3625, $1.3570
The main scenario for the pair's promotion — the pair may rise to $1.3810 (September 17 high)
An alternative scenario — correction, and may be a decline to the session low of $1.3665
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