Hey traders gbpusd is in up trend we are monitoring buy gbpusd
Gbpusd will retrest again then it will fly
Soo my point of view gbpusd is strong in up trend
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GBPUSD
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Strategy Bullish
The British pound held firm around $1.28, staying close to its peak of $1.2848 recorded in June 16th, as hotter-than-expected inflation numbers raised anticipation among investors that the Bank of England would respond to the persistent inflationary pressures by implementing further interest rate hikes....
GBPUSD
stabilizing above 1.31000 will support rising to touch 1.31444 then 1.31683 then 1.31988
stabilizing under 1.31000 will support falling to touch 1.2996 then 1.2949
pivot price: 1.31000
Resistance prices: 1.31444 & 1.31683 & 1.32248
Support prices: 1.2996 & 1.2949& 1.2885
timeframe: 4H
GBPUSD Uplink formed
The main goal is to buy from the support level for the next week
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Price tested the resistance zone for the third time, but it did so impulsively in the 1HR timeframe, but on the bigger timeframes a continuation pattern to the downside is almost established. I will be looking to sell once price breaks support.
By this analysis GBPUSD may be on a steady bullish wave from this week.
Fingers crossed 🤞
Not a financial adviser, just my own personal experience and analytical skills on the pair.
GBPUSD Selling with a level breach
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