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Pound fell sharply below 1.3180, found ground on UK wins the Trade bill.

GBP/USD slides on strong dollar and UK Trade war;

#UK GoVernment wins the Vote on Critical #tradebill amendment.

#Pound trading with high volatility on #brexit concerns and trade war, fell below 1.3180 sharply made a low at 1.3060 currently trading at 1.3140. Closing or trading above 1.3180 is a buy for further., Overall its a volatile day with sideways trend continues. Trade with strict stop loss.

We would like to buy above 1.3130

Stoploss: 1.3050

Target: 1.3280

Author

Rajesh Tatineni

Rajesh Tatineni

BSH Advisory

Expert in commodity and forex markets, Rajesh Tatineni carries a wide experience and vast knowledge of various financial instruments. He's been involved in financial markets since 2010.

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