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    GBPUSD Signal October 18

    After an upward move with high momentum, the price hit the 0.9870 level and entered a side cycle. According to the strength of the buyer, if the level of 0.9870 is broken, we expect the price to see the levels of 0.9900 and 0.9930. The other scenario is that the price returns from this area and closes below the 0.9800 level. In this case, we expect price correction to the level of 0.9760.

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