British Pound / U.S. Dollar
Long
Updated

GBPUSD:Sharing of the Trading Strategy for Next Week

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This week’s trading wrapped up successfully. Our exclusive VIP trading signals achieved a 90% accuracy rate!

As of this week, the current exchange rate of the GBPUSD is 1.3268, which has decreased by 0.0858% compared to yesterday. From a technical perspective, on the daily chart, the British pound against the US dollar has held firm above the support level of 1.3240. The bullish momentum of the MACD continues, and the RSI value is 65.85, which has not reached the overbought level. In terms of trading operations, it is mainly advisable to go long on pullbacks. Attention should be paid to the policy meeting of the Bank of England on May 8th, as well as news regarding economic data of the UK and the US, trade policies, and other relevant information.

Trading Strategy:
buy@1.3240-1.32500
TP:1.3380-1.3420

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