FX Street - Technical Over View
GBPUSD For the third consecutive time GBPUSD could not break below pre-mentioned support level at 1.6240. On the attached chart you can see the marked descending triangle and its lower boundary at 1.6240. And with the highlighted bullish divergence we can say that there is a higher probability for the pair to break up than down. We have to wait for the pair to close either below 1.6240 or above 1.6499 in order to look for entry. Important levels are on the chart. EURUSD Unlike our pre mentioned
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