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GBP/USD analysis & trading plan by Keon Consultancy | March 12, 2021



2 comments

2 comentarios


All targets were completed as the pair reached the support cluster.

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Anand Dubey
Anand Dubey
12 mar 2021

According to today's movements, the weakest and the second weakest currencies vs USD are NZD and GBP respectively. However, I didn't take a position in NZD/USD because of


  1. ABCD target couldn't be 61.8% of AB as it is inside AB;

  2. AB=CD/FE 100.0% is beyond natural support, so the support may hinder its move to AB=CD level.

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