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British Pound / U.S. Dollar
Short

GBPUSD

By Toukhy
Updated
Hello everyone, I have a good idea for selling GBP/USD. There is a perfect trendline on the 1-day time frame, along with a strong order block on the same time frame, and a Fibonacci retracement level of 61%. Additionally, there is a strong resistance level on the RSI (Relative Strength Index), and I have observed a divergence as well. Furthermore, the dollar index is currently at a strong support level. It's important to manage your risk effectively. Good luck to all!
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Trade closed: target reached
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DivergencedjFibonacciGBPUSDorderblockrsi_overboughtshortsetupSupply and DemandTrend Analysis
Toukhy

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