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GBP/USD Weekly Analysis – Sunday, April 15

By Kurt Osterberg · On April 15, 2018

GBP/USD is facing 1.4345 resistance. A breakout of this level would indicate that the uptrend from 1.1946 (Oct 7, 2016 low) has resumed, then next target would be at 1.5000 area.

Support levels are at 1.3950 and 1.3711, only a break below these levels could signal completion of the uptrend.

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Kurt Osterberg

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