drilonn001

GBPUSD not very clear on its direction

Short
FX:GBPUSD   British Pound / U.S. Dollar
The pair violated few times the support/resistance expected around M_PP, making it not very clear if this area will hold and give direction to the pair. Now as the price has moved below the M_PP and is approaching it from below, we will be looking for the price reaction when reaching again this area. We may have sell opportunity but we will have to look for it carefully.

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