sumastardon

GBPUSD update: Sterling back in neutral

FX_IDC:GBPUSD   British Pound / U.S. Dollar
6
Sterling is now caught in a tight range between resistance at 1.2930 and support at 1.2770. A break below 1.2760 should bring Sterling back down to 1.2600-1.2580 at lowest before it rallies again.
On updise we need to see 1.2940 broken to trigger next long trade up to new target at 1.3450.

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