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GBPUSD Signal - US Inflation Rate - 13th September

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Signal Details
Entry Price: 
1.107
Take Profit: 
1.09
Stop Loss: 
1.115
Direction: 
Sell
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GBPUSD has made small gains in the last week before upcoming economic announcements, We do not believe this was enough to overturn the months long downtrend of the GBP, expecting the the pound to drop to at least the previous low if not further.

Submitted by Toni H. on Thu, 13 Oct 2022 02:48:39 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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