GBP/USD
The GBP/USD currency pair continues moving inside the ascending channel, at shorter timeframes we have “upside down head & shoulders” reversal pattern forming with the target in the area of 1.5915. If the price falls down lower than 1.58, this scenario will be cancelled. One can consider buying Pound from the current levels and increase the amount of long positions only after the price breaks the level of 1.5850. The target of the growth is the area of 1.5960.
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