Cartela

GBPUSD H4 OUTLOOK

Long
FX:GBPUSD   British Pound / U.S. Dollar
In H4 timeframe , all the effort of sellers to put up a new low proved abortive despite the bearish outcome of GDP rate earlier released today accompanied with retail sales from the United States later today . A buy opportunity is envisaged if price flashes back to 1.25545. We’re looking to buying from that zone and our target will be at the previous week high . Also, we can notice the falling wedge which signifies a possible trend reversal

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