GBP/USD Forecast April 28, 2017, Technical Analysis

The British pound broke out to the upside during the session on Thursday, as we continue to see bullish pressure. I believe that this market will go higher over the longer term, and have been long for several days now. It will take a certain amount of patience, but if we stay above the 1.2750 level, I think that the market will reach towards the 1.3450 handle longer term. Buying on the dips for shorter term traders might be a nice trading strategy and this pair as well. I have no interest in selling. - The company, employees, subsidiaries and associates, are not liable nor shall they be held liable jointly or severally for any loss or damage as a result of reliance on the information provided on this website. The data contained in this website is not necessarily provided in real-time nor is it necessarily accurate.

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