minjiarui16

GBP/USD Another Reversal Back to its Upper Consolidation Zone?

Long
OANDA:GBPUSD   Livre sterling / Dollar américain

Since May 2019, we have seen strong selling of GBP against the USD towards its lower range of its consolidation. But over the past few days, we have seen the diminishing selling pressure and seen that buying pressure is building up. Thus, target price can be drawn to 1.33 where we might see profit taking might take place again.
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