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gbpusd technical analysis

The British pound continues to trade flat, maintaining a sideways range since March 27.

The Stochastics also remains rather flat in the near term. This suggests that the momentum is still weak at the moment.

However, we expect to see a breakout off this level. We expect this breakout to be strong.

The bias remains mixed at the moment, opening the risk on either side.

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The post GBPUSD Continues to Maintain a Sideways Range appeared first on Orbex Forex Trading Blog.


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