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UnknownUnicorn15614419
Sep 10, 2021 6:56 AM

GBPUSD: at a crossroads Long

British Pound/U.S. DollarFXCM

Description

And so, the instrument is located between the levels 1.42100 - 1.35690, which, respectively, are the key lines of resistance and support. The medium-term movement of the GBPUSD depends on these levels. At the current stage, there is a suspicion of the formation of a "triangle". Most likely, the price will be within the limits of this (possible) formation. In another variant, it is also probable that the price will break out of these boundaries today and go to the level of 1.40040.

Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
Comments
InkyGrip
thank you for sharing! 🦐
TradingAlchemist
Intuition suggested to me that when it comes to 1.38523 it is necessary to get up in rise according to GBPUSD.
Forex_Times
love your trade)
Lingrid
As soon as I read a couple of books, and I began to understand, so I also take GBPUSD at 1.38671 in rise.
ItsThePipsPeeps
Interesting little conundrum you've found here TStat.
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