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GBP/USD Signal - GBP Claimant Count Rate - 12 Oct 2021

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Signal Details
Entry Price: 
1.3597
Take Profit: 
1.3710
Stop Loss: 
1.3520
Direction: 
Buy
How we trade
Average: 5 (1 vote)

GBPUSD is trending to the upside currently prior to the GBP Claimant Count Rate, which measures the number of people applying for unemployment benefits. Technically the pair has broken the immediate bearish structure, and the 4h chart RSI is mixed. We anticipate continued upside today.

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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.