The pound rebounded from the short term support

syamfx2020

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GBPUSD recovered from the early losses against the US dollar after buyers found short term support near the 1.2160 area. Overall the movement remained bullish throughout the Asian session, at the time writing the pair trading near 1.2270. Meantime, UK Prime Minister Boris Johnson announced that some shops will be able to reopen from June 15.

Important levels to watch today: 1.2300 and 1.2160.

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Shalirad

Private, 1st Class
Messages
100
It seems to me that everyone will agree that the dollar is not in the best position right now, especially against the backdrop of current events. So now you need to be more careful with this asset and I would do my analysis in more detail, especially if you include this asset in your investment portfolio. Or maybe it's better to watch it now. Take your time?
 
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