The GBPUSD has bounced off the daily support level at 1.260
The GBPUSD price has recently bounced off the daily support level at 1.260. There is a likelihood that GBPUSD will ascent towards the next resistance level around 1.287. I took a long position with a target of 1.287, aiming to capitalize on this expected move while managing risk appropriately.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.