30.09.2020
The pair is turning down, having failed to surpass 1.2885 amid the Brexit issues, as well as the expectations of extremely negative Q2 GDP.
Technical side:
The price is above the middle Bollinger band, below SMA 5 and SMA 14. Moving Averages suggest selling. RSI is at 50%. Stoch are falling.
GBPUSD rate online: monitor the price movement in real time.
Trading recommendations:
Sell the pair with a probable decline to 1.2700.
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