GBPUSD News

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Last Updated Date: 6 May 2021 @ 7:36 AM (UTC)
*Please note that all the dates are in GMT time zone

Trade is back up around the 1.3964 resistance level, leaving the market on the balance level between bull / bear trend forces. A close over 1.3964 implies rallies to 1.4036. A close over 1.4036  is bullish. Be prepared for additional near term dips and consolidation back inside Friday’s range, but trade should try to hold near 1.3860. A close under 1.3840 is bearish.

Resistance 2       1.3964
Resistance 1       1.3922

 
Support 1            1.3880
Support 2            1.3840



 
 
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