GBPUSD Analysis February 7

5 928
Pay attention to the 1.250 zone for today's NF of this pair. When before NF, the price failed to break 50% of the previous h4 candle around the 1.244 zone, giving us a BUY signal to bet on the news with a target at the SELL entry location. Pay attention to 1.225 to BUY when the news comes out, giving us a signal for GBPUSD to fall.
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Trade closed: target reached
GBP/USD holds below 1.2400 on firmer US Dollar
The GBP/USD pair weakens to near 1.239 during the Asian trading hours on Monday. The US Dollar climbs after US President Donald Trump promised reciprocal tariffs. The release of the US Consumer Price Index for January will take center stage later on Wednesday.

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