24.05.2018
GBPUSD
The price is correcting upwards following yesterday’s significant decline triggered by the indications of lower inflation in Britain. The pair is likely to resume falling after the rebound.
The price is below the middle line of the borders of Bollinger bands, above EMA 5, but below EMA 13. RSI is below the level of 50% and indicates a weaker growth. Stochastic oscillators are growing.
Trading recommendations:
Sell the pair at its growth, approximately from 1.3400 with a target of 1.3270.
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