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GBP/USD Signal- GBP BRC Retail Sales Monitor (YoY) (Jun)-11 July 2022

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Signal Details
Entry Price: 
1.19023
Take Profit: 
1.17004
Stop Loss: 
1.19986
Direction: 
Sell
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GBP/USD is trading to the downside today prior to the GBP BRC Retail Sales Monitor (YoY) (Jun). Following the resignation of Prime Minister Boris Johnson , the Cable is expected to tick down. We anticipate a bearish move down to level 1.17004

Submitted by John F. on Mon, 11 Jul 2022 13:28:03 GMT

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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. 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. All risks and coasts associated with online trading are your responsibility.

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