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shprice
Nov 25, 2020 2:39 PM

Long on GBP/USD up to structure and beyond Long

British Pound/U.S. DollarFXCM

Description

Will be interesting to see if the bullish move in GBP/USD continues. Obvious last pullback to 0.618 retracement. If we can break above structure to form new highs then a target of 1.272 extension looks reasonable with a 1:1 move from previous as well.
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