GBP/USD Surges To 1.3350, Is Prepared For More

Discussion in 'Technical Analysis' started by Kaitlin, Aug 3, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    Yesterday's UK construction PMI was enough of a catalyst to push the Cable out of the triangle. As a result of a positive surprise, the rate has already touched upon the first bullish target at 1.3350, represented by July 13 close and weekly R1. If today's UK data is also[​IMG]

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