GBPUSD Analysis

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GBPUSD Analysis

Daily chart is showing strong selling signal. GBPUSD is moving in a downtrend by forming lower lows in daily timefram.Pair is running into a channel.

Now paid has riches into a lower high for 3rd high and crossover seen in MACD.

We recommend to Sell @1.3100-1.3120 and our Target will be 1.2900 - 1.2750 with Stoploss of 1.3270.

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