Technical Analysis of GBP/USD for August 21, 2017

From H1 chart we can see this pair currently looks like sideways and standing on daily pivot level, so that i think currently its too hard to determine about market trend, for getting right trend line we need to wait until breaking daily 1st support or 1st resistance level.

By observation on technical indicators and moving averages we can see indicators and moving averages are providing different signal, so that i think currently we should avoid to entry in this pair, we should wait more time for getting right entry point.

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