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Technical Analysis 14.03.2019

GBPUSD

The pair is trading above 1.3245 in anticipation of another Brexit vote in the UK Parliament. If MPs decide to delay the final deal by two months, the pair may continue local growth.

The price is above the middle Bollinger band, above SMA 5 and SMA 14. RSI is below the overbought territory and is slowly growing. Stoch are moving down.

Trading recommendations:

If the pair remains above 1.3245 due to positive results of the vote, it may continue up to 1.3400.

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