GBP/USD presently mark: 1.37305

Forecast: Buy

H4 Key points:
Top Resistance: 1.41500
1st resistance: LWMA
Floor: 1.37130
LWMA: Down

GBP/USD decreased 150 pips from 26th to 27th and 200 pips yesterday. The big floating channel between top resistance and floor is now completed. From now on it is expected strong recover. But first it has to broke up LWMA(14) line.

Good luck to everyone for this month.

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