GBPUSD could retrace and pullback to continue uptrend

Long

British Pound / U.S. Dollar (FX:GBPUSD)

FX:GBPUSD British Pound / U.S. Dollar

trendanalysis chartpattern gbpusd long technicalanalysis

The weekly and monthly Time frame for GBPUSD clearly showed that there was a false breakout from the previous strong support level. Now the price is expected to retest that level and pullback. We will be looking for long opportunities on 4Hr time frame after it reaches the green zone.

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