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forexsavants
May 1, 2021 6:43 PM

GBPUSD LONG Long

British Pound/U.S. DollarFXCM

Description

We think USD has more room to fall (approx 100pips) before any majore reversal. And British Pound has reached an area of importance and we think there will be a move up.
Why? CoT report!
Happy trading!

Comment

We missed a little import thing. Sorry about that! Price may actually drop to 1.377 something and then recoil upwards to SupplyZone.

Comment

New data has arrived. We will wait with this one to go long. Price may drop to 1.37 area and if it does - its 100% safe to go long!
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