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DeGRAM
Feb 1, 2024 9:24 AM

DeGRAM | GBPUSD breaking consolidation zone Short

British Pound/U.S. DollarFXCM

Description

GBPUSD broke and closed below the consolidation zone, which became the resistance level.

The market created a resistance level, which is a consolidation border.

Price tested this level multiple times, creating structure shelf.

We expect a bearish trade.


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Comments
DeGRAM
Good luck in the markets and may the profit be with you !
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