Cabana Capitals Blog Technical Analysis GBPUSD breakout through resistance

GBPUSD breakout through resistance

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GBPUSD has breached the resistance line at 1.3083. It may continue the bullish trend towards 1.3113, or, it may prove to be yet another test of this level.

Supported by Upward sloping Moving Average

Target: 1.3113 Entry: 1.3092 Stop: 1.3048

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