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GBPUSD IT IS READY FOR A LONG SETUP

Long
British Pound / U.S. Dollar (OANDA:GBPUSD)  
Forex48_TradingAcademy  
OANDA:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Technical Indicators Fundamental Analysis LONG setup short GBPUSD priceaction signals service Forex strategy
2
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trendanalysis indicator fundamental long setup short gbpusd priceaction signals service forex strategy
On GBPUSD, after a trade executed on Friday following the NFP release, which resulted in a 9% gain, we are currently experiencing a completely bearish market, approaching the 1.2350 area where a demand zone is located, along with numerous buying orders. Therefore, I expect a bullish pattern to emerge in that area, leading to a recovery of all the liquidity left in the market on Friday and today. The target is set at 1.2550.

Let me know your thoughts.

Happy trading to everyone.
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