GBP consolidating within a tight range | 11 Mei 2017
11 Mei 2017, GBP/USD
Technical Observation
So far, nothing has changed much since my previous forecast. This pair is still consolidating within a tight range but is showing potentials of trading on the higher ranges unless there's a clear bearish breach below 1.2748. On the daily chart above, I still expect a bullish move towards 1.3489. My advice, if you went long on the first retracement, leave this position open with your target fixed at 1.3489.
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