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GBP/USD Signal - GBP BRC Shop Price Index - 6 Jan 2021

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Signal Details
Entry Price: 
1.3622
Take Profit: 
1.3708
Stop Loss: 
1.3549
Direction: 
Buy
How we trade
Average: 5 (2 votes)

GBPUSD is trading to the upside now, having broken above the 1.3592 pivot before the GBP BRC Shop Price Index , which is a measure of price changes in the popular retail outlets in the UK. technically the pair is above the moving averages and the 1.3592 pivot, and we anticipate further upside into the 1.3708 level.

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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.