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GBPUSD targeting 1.40

GBPUSD absorbed the profit taking earlier today at 1.3920 area and steady bids drove the price up to the daily highs at 1.3980, as the bullish trend is still intact and every pullback is a buying opportunity, bulls now targeting 1.40 as there are no any resistance , i expect the sellers to attempt to enter short positions at 1.4020.
Keep calm and trade responsibly......
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GBPUSD ready for the rebound

GBPUSD is under heavy selling pressure the last six trading days and now have reached oversold level. I expect a rebound from current levels as the price approaches the 100 MA which can be a strong support and rebound level. USD is outperforming the last week the majors as traders betting for one more rate increase by December. The rebound can drive GBPUSD above 1.3350 at the point that the correction started.
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GBPUSD

GBPUSD made an impressive rally today with over 100 pips gain after better inflation numbers, the pair hit the daily high at 1.3287 making new highs back from September 2016, so the bulls are in full control and an attempt to reach 1.33 mark looks the most posible scenario. Stay long
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EURUSD

GBPUSD is under selling pressure after better GDP data, for now the pair is testing the 100h MA, and a rebound looks possible, although bullish momentum is in danger if GBPUSD breaks below 1.29.
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GBPUSD

GBPUSD is heading south after daily high's at 1.2795 the first support line and a rebound signal can be the 50h MA at 1.2756
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GBPUSD

GBPUSD is under presure this week as UK got a hit from terrorism. I expect weeakness to prevail as UK is heading to elections
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GBP/USD at daily high

GBP/USD at daily high
GBP/USD is trading at daily high after the BoE revisedup the economic growth forecasts for the UK economy to 3.4% in 2014 from 2.8%.
Regarding consumer prices, the central bank said they would gyrate around the bank’s target.
The pair hit the low at 1.6425 and reboundedafter the report from BoE hiting the daily high for second time.
The pair is now up at 1.6550 with the nexthurdle at 1.6565 (high Jan.30) followed by 1.6606 (high Jan.29). On the flip side, a break below 1.64…
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Same thing different day

Same thing different day
GBP/USD has exactly the same move like yesterday. The pair hit at the European session the
daily high at 1.6440, after that sellers step in and took control driving the
pair to the daily low of 1.6325. I am expecting from that level GBP to recover
and reach the 1.6365 levelIn macronews, the US producer prices increased by a seasonally adjusted 0.4% in
December, matching analyst’s forecasts, after falling 0.1% in November 2013
Year-over-year, the producer price index rose…
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GBP/USD

The GBP is trading higher against the U.S.dollar throughout the day, GBP/USD hit 1.6471 top during the European session, which
is the highest level since January 3rd.
The pair should find support at 1.6338, the low of January 6th and resistance
at 1.6533, the high of December 30, 2013. The ADP nonfarm payrolls rose by 238,000 inDecember, better than expectations for an increase of 200,000. November’s
figure was revised up to a gain of 229,000 from a previously reported increase
of 215,000.Trader…
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