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Oct 25, 2021 10:53 PM

GBPUSD breakout  Long

British Pound/U.S. DollarFXCM

Description

Yesterday’s market shows that GPBUSD as been ranging throughout the day. The market was unable to break the high of a day before and like wise unable to break the low as well. The analysis as shown that GPBUSD is gathering up for a volatile breakout. The breakout in GUBUSD should be Carried out between today’s market or a day after. No concrete evidence yet to explain the main direction of the breakout but it is expected that it might still obey some psychological levels before the breakout. Expecting a bearish during the Asia session, short bull in the London session then NY session can now decide the direction of the breakout.
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