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GBPUSD Technical Analysis

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Daily technical analysis based trade tips and ideas for forex GBPUSD. Our report outlines clear and precise trade entry levels with profit targets and stop loss levels across a broad range of prices for the intraday. To gain an edge in the markets, successful professional traders need a daily trading plan and must be aware of important support and resistance levels. We ensure you are fully prepared to maximise profitable trading opportunities throughout each day, minimising your risk, maximising your profits and taking away the element of gambling.

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GBPUSD - spot
GBPUSD managing a break above strong resistance at 1.3160/70 but only reaching 1.3225 so far as we crawl higher.
Today's Analysis
11 October 2017 Updated at 00:04am GMT
GBPUSD must now hold above what is now first support at 1.3160/70 to build a recovery & target strong resistance at 1.3260/70. Try shorts with stops above 1.3300. A break higher however targets 1.3340/50.

First support at 1.3170/60 but below 1.3145 shows bulls unable to hold control of the pair & risks a slide to 1.3120/10 then 1.3060/50.
Technical Analysis GBPUSD