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GBPUSD analysis 10.11.2020

10.11.2020

Market Review

GBPUSD

The ascending pattern is truncated. Awesome Oscillator shows a bearish divergence, while Stochastic Oscillator signals an overbought condition.

#GBPUSD rate online: monitor the price movement in real time.

Trading recommendations:

Sell when a descending wave pattern is formed, where wave A breaks through the inclined channel of the ascending truncated pattern.

Stop Loss beyond the local maximum (1.3210).

Target levels: 1.3050; 1.2940.

Author: admin
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