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GBPUSD 1h Analysis August 23rd, 2021

FX:GBPUSD   British Pound / U.S. Dollar
We are approaching the previous support so we would see 2 scenarios. Scenario 1 is the rejection as it is retesting the support level. Scenario 2 is the break above the level and longing it after a retest to target the next level of structure.

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