GBP/USD Forex Analysis and Forex Signal

The GBP/USD is currently in a noisy consolidation period on the D1 timeframe.

If we take a look at the Technical Analysis, we see that overall trend is in a short/neutral state.

If price breaks and holds above 1.313932, then we have a nice setup for a long entry.

If price breaks and holds below 1.299511, then we have a nice setup for a short entry.

Our long target range is 1.319612 – 1.327565

Our short target range is 1.29405 – 1.28766

Cheers to another successful week!

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