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All the Moving Averages have been broken because of the last 'Flag' pattern. It's likely to have a local downward correction towards the previously tested support at 0.6813 and the Moving Average lines. If a pullback from these levels happens little later on, there'll be a green light for another bullish rally, so we should watch an area at 0.6868 - 0.6886, which acted as resistance many times before.
Jump in to get the technical analysis of GBP/JPY and GBP/USD!
How to trade the gold price while it's oscillating between 1 837 and 1 864? Read the article, and you'll know how!
US President-elect Joe Biden proposed a $1.9 trillion stimulus plan to jump-start the world's largest economy and accelerate its response to COVID-19
Jump in to get the technical analysis of GBP/JPY and GBP/USD!
How to trade the gold price while it's oscillating between 1 837 and 1 864? Read the article, and you'll know how!
US President-elect Joe Biden proposed a $1.9 trillion stimulus plan to jump-start the world's largest economy and accelerate its response to COVID-19
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