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KaltoireCapital

GBP/USD 4H Chart analysis, where can you buy and sell it?

British Pound / U.S. Dollar (FX:GBPUSD)  
KaltoireCapital  
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns Beyond Technical Analysis GBPUSD gbpusdlong gbpusdanalysis gbpusdsignal gbpusdtrade gbpusdsetup
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trendanalysis chartpattern beyondta gbpusd gbpusdlong gbpusdanalysis gbpusdsignal gbpusdtrade gbpusdsetup
Dear traders, as I predicted in my previous ideas, GBP/USD rose more than 450 pips
from the 1.1950 level. Currently, however, price has dropped quite a bit.

Currently, GBP/USD is in an untradeable zone. So, I recommend traders to wait for
price to hit a demand or supply zone before trading.

If bearish price action is formed at the 4H resistance near 1.24 then I would consider selling
it. However, if GBP/USD drops in the major demand area near 1.20 first, then a buy would be a
big probability.
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