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GBP/USD Signal - Michigan Consumer Sentiment - 16 Apr 2021

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Signal Details
Entry Price: 
1.3761
Take Profit: 
1.3810
Stop Loss: 
1.3725
Direction: 
Buy
How we trade
Average: 5 (1 vote)

GBPUSD is trending to the upside today prior to the USD Michigan Consumer Sentiment data, which measures the confidence that consumers hold in the US economy. Technically the pair is above the 1.3750 level and we anticipate continued upside on the pair today into the 1.3810 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.