18.09.2017
GBPUSD
The pair has grown significantly against the background of growing expectations of the Bank of England raising the interest rates, but technically it's strongly overbought and may correct under its own "weight".
The price is above the lower Bollinger band, above SMA 5 and SMA 14. RSI is in the overbought zone. Stoch are leaving the overbought territory.
Trading recommendations:
If the price falls below 1.3560 level, it's likely to go further down to 1.3415.
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