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Looking at gold it did a big drop last week. For here I can see a temporary retracement before another big drop when dxy rises as well for now I am longing gold with a TP1 at 1815 and TP2 at 1830 before shorting
Gu been bull since September right now I believe it will approach first resistance at 1.41 we can earthier see a small drop or it could turn that resistance into support and head to 1.44 ethier way I remain bull on GBP/USD
With brexit been over I don’t see a reason why gbpusd will drop back to 1.30 or below
Looking at gbpusd on the daily candle and my own daily trend line I personally think gbpusd will go above 1.40 next month we could find resistance at around 1.43 - 1.45 then form a nice support at 1.40 before my final target at 1.50 for the year
GBPUSD is a solid bull. follow the trend or get left behind
Brexit the main driver of gbp weakness is over so I expect GBPUSD to go back to pre-brexit level around 1.40 - 1.50 on the weekly. As well as USD being weak gbpusd can easily go back there this year