shilox
Long

GBPUSD Possible Scenario

FX:GBPUSD   British Pound/U.S. Dollar
104 2 4
After the brief GBP weakness, it may build back strength gradually against USD as shown here.
Trade closed: stop reached: Refused to honor the setup as price did its own thing.
Good find. Just wanted to add that the price is currently at a lower trend line in the daily chart as well and trying to recover from the oversold zone.
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shilox Fardan
Yes that is true.
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