


kufivic
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since Sep 14, 2020
chartpattern
forex
fundamental
gbp
gbpusd
technicalanalysis
tradesetups
trendanalysis
usd
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Since last week Thursday, we've seen a total fall in Bullish momentum for the USD. This has given rise to a quick recovery for the GBP. Also in addition to recent Fundamentals, the GBP hold a stronger position against the USD. But GBP will have to break through the 1.2040 resistance area to make a confident bullish run.
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After being on the downside for months, EUR manage to make a strong pullback when the 1.0000 support area was broken through, which had not been since 2002. EUR was able to consolidate at that point before making a forceful upward movement that saw the formation of head and shoulder, which strongly indicate a temporary reign of the bulls. A good time to...
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