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DeGRAM
Apr 9, 2021 10:09 AM

⚠️ GBPUSD first - fall, second - rise Long

British Pound/U.S. DollarFXCM

Description

My last forecast came true.
The price fell from resistance to support within the trend.

After a false breakout of a strong resistance (trend line + line of December 2018) 1.184, the price dodged the trend and fell to support.
During the fall, it broke through the resistance at 1.371.
I expect the price to touch the 1.360 support and rise back to resistance.
The target is 1.374.

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Share your opinion in the comments and support the idea with likes.
Thank you for your support!
Comments
TradingAlchemist
want wait for cftc data in clean volume of speculative positions with gold. it may somehow change usd confidence
Rawkoala
Good one! Agree!
Garmata
This has potential
DeGRAM
@Garmata, Thanks.
Alex11985
Great idea, I like your analysis.
DeGRAM
@Alex11985, Thanks.
alex431
Nice chart.
DeGRAM
@alex431, 👍
alex431
friend, thanks for the clean schedule. keep my fists for you
DeGRAM
@alex431, You're welcome.
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