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WillSebastian
Dec 3, 2021 8:44 AM

GBPUSD bottoming Long

British Pound/U.S. DollarFXCM

Description

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GBPUSD is now giving a bottoming price structure.

This means price is being rejected at the same level over and over.

You can see this by looking at candle wicks and areas where price rebounds off an area.

This helps us look long as price is getting more exhausted from the current move.
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