GBPUSD rejected from 1.2800 resistance and moving nicely towards 1.2100. It has broken through nice 3 resistance points at 1.2750, 1.2620, and 1.2470 and will hold the support at the bottom. We will take a sell trade on a pullback and retest of 1.2470 resistance and will place our profit position 1.2150 and stop-loss at 1.2620.
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