LONG POSITION

GBP/USD bears stepping in at the psychological 1.4000 area.
Bears look for a test of the prior resistance and a 38.2% Fibo confluence level in 1.3880.
There are now expectations of a significant correction to test the prior resistance which has a semi-confluence with a 38.2% Fibonacci retracement level near to 1.3880







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Trade closed: target reached