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Jul 30, 2020 7:00 AM

GBPCAD H1 - Long Trade Setup Long

British Pound/Canadian DollarFXCM

Description

GBPCAD H1 - Starting to restrict a little here at this resistance zone. As indicated, we ideally need to break and retest this resistance (turn to support), when we find support on the retest, this could be our buy opportunity. Break and retest is imperative, otherwise you'll effectively be buying from resistance. Some other GBP pairs looking like they want to break downside, these pairs will follow shortly.
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