GBP/USD Hits The Next Target Of 1.2525/30 As Expected
Jason Sen | Mar 27, 2017 09:39AM ET
GBP/USD hits the next target of 1.2525/30 as expected and despite overbought conditions we could reach 1.2575/80. On further gains this week look for 1.2610/15 then the 1.2672/1.2707 January/February highs.
Failure to beat re-targets 1.2525/30 support in the 1.2476/60 area and in fact we bottomed exactly here on Friday. However the most important support of the day is 1.2415/05.
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