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Lingrid
May 4, 2022 6:32 AM

GBPUSD pullback from support  Long

British Pound/U.S. DollarFXCM

Description

The price is trading in a sideways range between levels 1.2602 and 1.2428, after a false breakdown of resistance, the price falls to support, since the instrument is in a range, it is permissible to trade both buys and sells. I am waiting for the price to roll back from support to the nearest resistance 1.2504

Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
Comments
RLinda
Nice setup. I'm wathing u)
ForexTrendline
Price will eventually continue lower, BoE interest rate today, let's see
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