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Retrace at about 50-60% level and then again bullish trend is expected
Will wait for the candle stick formation at 9.00 level and take the decision accordingly
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GBPUSD : Weeky Bullish Engulfing
Long term Bearish trend, Now we can consider it as retrace move and high probability that it will test the 61% level i.e. 1.6200 & then again continuation of bearish trend
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