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GBP/USD Signal - USD Continuing Jobless Claims - 15 Oct 2020

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Signal Details
Entry Price: 
1.3016
Take Profit: 
1.2950
Stop Loss: 
1.3080
Direction: 
Sell
How we trade
Average: 5 (1 vote)

GBP/USD is moving sideways today prior to USD continuing jobless claims data. The data is a measure of the number of people currently on unemployment benefits in the U.S.A. Technically the pair has rebounded out of the 1.3050 pivot and we anticipate further downside into the 1.2950 level.

Submitted by Toni H. on Thu, 15 Oct 2020 06:06:46 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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