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GBP/USD Trade Setup 1 Hour Timeframe
British Pound / U.S. Dollar
Long
GBP/USD Trade Setup 1 Hour Timeframe
By OfficialUBKFX
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Sep 5
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Sep 5
On the 1 hour timeframe, GBP/USD has formed a descending channel, followed by a strong breakout to the upside and a retest.
This pattern has formed at a daily support level. To enter a buy position, we need to observe bullish candlestick patterns for confirmation.
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