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Pound chose the way up

Larson&Holz

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Two days after the previous pessimistic forecasts, the trend has changed. Inspired with the results of negotiations between Great Britain and EU on Brexit, traders start buying GBP and hitting the top points. However, the decision on a number of questions, such as the border between Ireland and Britain, can bring some changes to the price movement trends. So far, the upward trend is reaching the third resistance level of 1,3575, if the price reaches the point of 1,3467. Jumping up to 1,3467 and further can provoke correction move. Larson&Holz specialists advise you to buy GBP/USD aiming at 1,3575.

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