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FBS: The technical picture of GBP/USD

 

Tatiana Norkina, an analyst of FBS

 

The GBP / USD pair held above 1.6350 support level today. Obviously, the increasing of this currency pair can be expected up to test of 1.6480 point during the day.

The MACD Indicator behaves with a lack of confidence, but, nevertheless, the value of the histogram has had a positive trend for the last hour.

The excess of today's high of 1.6390 will be a signal to new purchases.

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