03/22/2023 06:33

Release： 03/22/2023 06:33

Update： 03/22/2023 06:35

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GBPUSD daily analysis for Wednesday 3/22

GBPUSD-cd Daily chart March 22 19:28 trading decision

Breaking above one standard deviation of Bollinger Bands and rising ADX indicate a rising market.

The 200-day EMA is also rising and currently exceeds the price, so a buying decision is warranted.

Additionally, RSI tends to stay in stage 1 and rise steadily.

The long-term cycle also tends to stay in stage 1 and rise steadily.

Based on this information, there is a possibility that the uptrend will continue in the future.

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