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GBP/USD Signal - GBP Retail Sales Data - 19 Feb 2021

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Signal Details
Entry Price: 
1.3952
Take Profit: 
1.4025
Stop Loss: 
1.3900
Direction: 
Buy
How we trade
Average: 5 (1 vote)

GBPUSD is correcting at the moment after another push to the upside. Later today is the GBP Retail Sales data, which we anticipate to give the GBP a boost. Technically the pair is above the moving averages, and we anticipate continued upside into the 1.4025 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.