kr_sonu12

small divergence forming in sterling a time for short sell

FX:GBPUSD   British Pound / U.S. Dollar
a clear divergence have been formed between market trend MACD indicator which indicates a strong reversal of trend as market has been consolidated for a long time on pivot point

any break could cause a good fall for sterling with a target of 1.2778,1.2699 and 1.2564

alternate scenario any break above 1.2989 may continue the buy trend
Happy Trading
intermediate target can be 1,2860
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