GBPUSD
(1.5405)
GBPUSD is currently looking to extend its move towards 1.5700 level, therefore traders will look to buy GBPUSD on dips.
Currently a good buying level can be seen at 1.5360 level and buying around that level for initial target around 1.5473 level seems a good entry. The profit level can be further extended towards 1.5700 level.
In case GBPUSD takes a deeper dip below 1.5200 level, the position can be averaged at 1.5160
Recommended Trade Levels
Trade 1: BUY GBPUSD @ 1.5360
Trade 2: BUY GBPUSD @ 1.5160
Profit Target 1: 1.5473
Profit Target 2: 1.5700
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