The price of GBPUSD in heading in the direction of 1.3026. Despite the recent breakout through 1.2993 it is possible that it will struggle to gain momentum to the forecast price and move back in the other direction. This has happened many times in the past so watch for a possible bounce back.
Supported by Upward sloping Moving Average
Target: 1.3026 Entry: 1.2999 Stop: 1.2984
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