LIVE GBPUSD LONG ZONE ANALYSIS

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Here we have the GBPUSD.

As of late due to global tensions, the GBP has fallen against the dollar. Traders have moved towards the USD as a safe haven. Since the diplomatic attempts have occurred and improved prospects of a solution, price has re bounded.

We are now looking to the long side on this current price level. Price is LOW. you can see that from the vast amount of red candles preceding it. Now is the time to scale in and out of the market with managed risk.

Trade Lightly in the early stages.

Trade closed: target reached:

close for 60 Pips gain.