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[QUOTE="Anna92, post: 127561, member: 42008"] [B]GBP/USD 05/11[/B] Yesterday we can see is a day of falling GBP / USD pair, the upward trend in the morning session was quickly eradicated by the downward trend overwhelmed in the rest of the trading day. At present, the downward momentum is still dominant when the candle is moving below 1.2950 resistance. Chart H4 - D1 shows a strong down trend during the day is very positive when candle closed yesterday at D1 candlestick drops with long shadows. While at H4, five consecutive candlesticks move below the midpoint. Therefore, we do not exclude the possibility that the market will have a strong break with important economic news from the GBP today. In general, the downward trend is expected to be the main trend of the day with a target of 1.2870. Resistance: 1.2965 - 1.2990 - 1.3020 Support: 1.2900 - 1.2880 - 1.2865 [/QUOTE]
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