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At this moment, GBPUSD is on Fib No. 38.2% from 1.6400 to 1.5935, possibility to back from here then next target is 1.5811, 1.5661 this is if not break of 1.5976 support and if back from 1.6003, 1.5976 area then again go up side toward 1.6160, 1.6222 area. Break of 1.6043 support next target is 1.6003 and break of 1.6112 going up side toward1.6166 resistance. In GBPUSD strong support at 1.5990-80.
Strategy: GBPUSD sell 1.6090 target 1.6045, 1.6003 with stop loss 1.6125
New High: 1.6078, 1.6130, 1.6125.
New Low: 1.5973, 1.6025, 1.6020.
R3-1.6148, R2-1.6108, R1-1.6083, PP-1.6044, S1-1.6004, S2-1.5979, S3-1.5939.
Forex Trading Evo - GBP/USD Technical - 31/MarchBy Praful Patat At this moment, GBPUSD is on Fib No. 38.2% from 1.6400 to 1.5935, possibility to back from here then next target is 1.5811, 1.5661 this is if not break of 1.5976 support and if back from 1.6003, 1.5976 area then again go up side toward 1.6160, 1.6222 area. Break of 1.6043 support next target is 1.6003 and break of 1.6112 going up side toward1.6166 resistance. In GBPUSD strong support at 1.5990-80. Strategy: GBPUSD sell 1.6090 target 1.6045, 1.6003 with stop loss 1.6125 New High: 1.6078, 1.6130, 1.6125. New Low: 1.5973, 1.6025, 1.6020. Pivot: R3-1.6148, R2-1.6108, R1-1.6083, PP-1.6044, S1-1.6004, S2-1.5979, S3-1.5939.
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