Seezak

GBP/USD monthly MACD

Long
FX:GBPUSD   British Pound / U.S. Dollar
Here is the MACD technical indicator. As we can see the blue and red line have crossed leaving the blue line top giving bulls the power. This suggests that long term target is 1.37 and potentially 1.44 therefore looking for a long investment is the better option on GBP currently. Of course things can still change if brexit doesn’t get sorted out by January.

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