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ranashakir
Aug 3, 2020 5:04 AM

Buy the pullback in GBPUSD Long

British Pound/U.S. DollarFXCM

Description

End of the month profit taking led to a small pullback in GBPUSD on Friday. However, the bullish trend is strong and I expect a growth to the 1.32 key level very soon.

A reversal candlestick pattern has also formed in the four hour chart. So, buying the pullback and targeting 1.32 is my preferred approach.
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