Technical analysis provided by EgyForex experts

The pair is down by breaking 130.95

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The cable is bullish after breaking the downtrend

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The pair is entering the range of weekly and monthly levels and the emergence of divergence

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Breaking a downtrend on the hourly frame, targeting a corrective descend

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For the Australian pound, it targets a corrective decline until 1.7725

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In the process of a positive attack, by breaking and closing the top of the descending channel

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It broke the supply area and is trading up targeting 83.45

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It targets a corrective fall to the level of 1.2190

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Pound is still in a bullish frame only

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Waiting for breakage to buy

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