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GBP/USD Signal - GBP BoE Monetary Policy Report Hearings - 24 Feb 2021

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Signal Details
Entry Price: 
1.41122
Take Profit: 
1.41710
Stop Loss: 
1.40500
Direction: 
Buy
How we trade
Average: 5 (1 vote)

GBP/USD is trading to the upside today prior to GBP BoE Monetary Policy Report Hearings. The Treasury Committee is appointed by the House of Commons to examine the expenditure, administration and policy of HM Treasury, HM Revenue & Customs, and associated public bodies. Technically the pair is trading above the 50 moving
average, and we anticipate further upside on the GBP/USD into the 1.41710 level.

Submitted by Toni H. on Tue, 23 Feb 2021 22:42:16 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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