GBPUSD Long Position (4Hr Timeframe)

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• Weekly- MACD about to signalling bearish move
• Daily- bullish spinning top
- Retest of 61.80% fib
- Retest of wedge support
- MACD looking to cross in next few days signalling bulls taking over
• 4 hour- bullish hammer
• Verdict: Long bias which I look to take once trend breaks past blue area of resistance
• Fundamentals; US economic data

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