GBPUSD- Set for a move higher upon retracement
This pair recently broke out of former resistance level with a very bullish rally, signalled by the GBP strength yesterday and the USD weakness, this has confirmed a breakout of the consolidation of the pair and I am looking to get long upon a retracement into a confluence zone (50 or 61.8 fib level)
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Disclaimer
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.