FX_Rhapsody

GBPUSD Breakdown Analysis

Long
FX:GBPUSD   British Pound / U.S. Dollar
Looking at GBPUSD, price bounced off a area of support and we will be looking for signs of a bullish movement next week for price to retrace back to the zone between the 62% and 79% Fibonacci Retracement area. COT reports show increase growth on net positions against the Pound.
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