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GBP/USD breaks major trend line support ,targets 1.310/1.3065

Thursday, July 21, 2016 9:11 AM UTC

Major support – 1.3218 (trend line joining 1.30785 and 1.31447)
Major resistance -1.3275 (Jul 20th high)
The pair breaks major support at 1.3218 and declined till 1.31566 at the time of writing. It is currently trading around 1.31870.
Any break below trend line support confirms minor weakness, a decline till 1.3100/1.30650 is possible.
Technically any break above 1.3275 will take the pair till 1.3340.

It is good to sell on rallies 1.3200 with SL around 1.3275 for the TP of 1.3100/1.3065.

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GBP/USD breaks major trend line support ,targets 1.310/1.3065

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