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  • Writer's pictureCharles David

GBPUSD Technical Analysis - 30th Jan



• Cable took a strong fall from strong resistance@1.31840, can further fall to 1.30032 & 1.29672

• Standing at support of 1.30710 i.e. 61.8 Fibo Retracement level and may extend gains until 1.31489 & 1.31840 in extension

• RSI able to maintain above the level of 50 and possibilities to sustain above 50 can’t be ignored 


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