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GBPUSD April 5, 2019 Weekly Analysis

Exclusive Capital Ltd.


The GBP/USD remains in an uptrend mood with the closest target at the 1.3194 (Jan High). If the price breaks the 1.3194 level, the next target will likely be at the 1.3298 (Sep High). In contrast, support is found at the 1.3060 and 1.3000 respectively. A break below the 1.3000 could possibly force the pair as low as 1.2980 level. The RSI(Day) and the CCI(Day) remains at neutral territory.

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Source: https://www.exclusivecapital.com/gbpusd-april-5-2019-weekly-analysis/
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