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Barchart
Barchart
Jim Wyckoff

As the Dollar Weakens, Make This 1 Trade Here

British Pound

September British pound (B6U26) futures present a buying opportunity on more price strength.

See on the daily bar chart for the September British pound futures that prices are in an uptrend. See, too, at the bottom of the chart that the moving average convergence divergence (MACD) indicator is in a bullish posture as the blue MACD line is above the red trigger line and both lines are trending up.

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