04.11.201917:15 Forex Analysis & Reviews: GBP/USD 11.04.2019 - Important support level at the price of 1.2900 is on the test, big decision level

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GBP has been trading downwards in the past 24 hours and the price did test the level of 1.2900. I found that level at 1.2900 is go-no go level and very important pivot level.

Successful rejection of the support at 1.2900 may lead us for potential test of 1.2970 and buying the dips on the lower frames 5/15 would be appropriate strategy.

Downside breakout of the support may lead for potential test of 1.2850.

MACD is showing increased momentum on the downside

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