11.09.2018
GBPUSD
The pair is receiving support due to the expectations of the Brexit crisis coming to an end in November. This was hinted at on Monday in the speech of the EU’s Brexit negotiator Michel Barnier.
The price is on the upper Bollinger band, above SMA 5 and SMA 14. RSI is entering the overbought zone. Stoch are already there.
Trading recommendations:
If the price takes hold above 1.3030, it may result in a local growth up to 1.3100.
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