As we can see on the daily chart, the GBPUSD just reached into a significant supply level which seems to hold many unfiled sell orders, I'll sell at this supply on the first touch of the price. This position is relevant as a long term position. The first target will be the support below and the final target will be the demand at the bottom.
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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.