GBP/USD analysis for May 29, 2020 – Strong upside momentum and potential for test of 1.2450

NEWS:

Technical analysis:

Trading recommendation:

Watch for buying opportunities on the dips and upward targets at 1,2417 and 1,2450. There is the confirmed upward trend in the background and strong upward momentum.

Source: GBP/USD analysis for May 29, 2020 – Strong upside momentum and potential for test of 1.2450

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