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GBP/USD - Short stop seen ahead of 1.5000

  • Risk seen above 1.5000 levels where short stop is located. 1.4990 = Mon high. 1.4975 in Asia

  • Trend studies suggest further squeeze. Yesterday 200 HMA provided support

  • Bullish cross from 10/200 HMA yesterday indicates short-term buy signal

  • Potential bull target at 1.5203 ( 61.8% of 1.5554 - 1.4635 )

 

  • Market Data
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