Gbpusd is currently on a bullish move having formed a double bottom on the daily chart. It also traded to the previous low and bounced back creating a strong bullish momentum. I would wait for this pair to break that purple rectangular shaded area to add more long positions.
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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.