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Jun 17, 2023 1:40 PM

GBPUSD long term Trajectory  Long

British Pound/U.S. DollarFXCM

Description

The long term trajectory on GBPUSD is higher. I am expecting it to reach the first resistant at 1.3100 level by next week, followed by small retrenchment and then will continue to push higher.

I have entered long last week at 1.2580 on 4H time frame after the retracement from FOMC announcement.
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