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francisayala003
Apr 2, 2020 4:54 AM

GBP/USD LONG  

British Pound/U.S. DollarFXCM

Description

Price broke out of the down trend, breaking market structure. Price made a higher high confirming that it is in an uptrend, however GBPUSD is currently in consolidation. Price will possibly retrace in the 50 and 61.8 percent area which is also where the daily resistance line is marked. After retesting that area zone look for buying opportunities till the next daily support zone.
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