The pair returned to the corridor

Against the background of increasing volatility due to Brexit voting, we observed a false breakdown of the lower boundary of the ascending channel. Technical indicators currently indicate the purchase and therefore we believe that it is necessary to take long positions in the pair.

We advise you to look for entry points on earlier charts and to consider as your targets at the marks of 1.2925 and 1.2960.
Beyond Technical AnalysisForexfxGBPTechnical IndicatorsLONGtradingTrend AnalysisUSD

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