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Hokusai_FX
Jul 19, 2023 6:08 AM

GBPUSD Analysis 19July2023 

British Pound/U.S. DollarFXCM

Description

Currently the price corrected from its bullish trend after touching fibo 1.618. if we pull the fibo retracement and we look for the SnD area which is adjacent to the fibo notation, we can find that there is a possibility that the price will go to the 0.382 fibo area which is also the same area as the SnD.
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