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GBP/USD binary signal - British pound looks for support - 29 May 2018

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Signal details
Entry Price: 
1.3220
Close Price: 
1.3249
Direction: 
High
Expiry Time: 
21:00 GMT
Result: 
ITM
How we trade
5/5 of 12 ratings

GBPUSD is down to a 6-month lows, the strong bullish sentiment surrounding the US Dollar continues despite the slump in the US Treasury bond yields. Currently, the British pound is in a free fall and we expect the currency pair to find support around 1.3220 and potentially close higher on the day.

binary trading signal gbpusd 29 may 2018

Disclaimer: The article is written for informative purposes only and it is not financial advice. The author does not have any position in the currency pairs mentioned, and no plans to initiate a position. He wrote the article himself and expressed his own opinions. He has no business nor personal relationships with any mentioned government entities or stocks. Readers should not treat any opinion expressed by the author as a specific inducement to make a particular trade or follow a particular strategy, but only as an expression of his opinion.