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A world of Trading assets

2021/07/26 Market Analysis

Authored by TD Markets
26.07.2021
Market Analysis
0
1 min

GBPCHF:
GBPCHF bears are anticipating a short-term retracement to the 50 fib level before any bullish setup. A close below the support should confirm further downside.

GBPJPY:
GBPJPY is rejecting the descending trendline and traders will be looking for bearish short-term setups back to the 50 fib level.

GBPUSD:
GBPUSD is also rejecting the descending trendline and preparing for a retracement to the 50 fib level as a short-term move.

Authored by TD Markets
26.07.2021
Market Analysis
0
1 min

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