Will support hold for GBPUSD
Price action is showing a significant rejection of the 1.240 support level, price is now testing this level for the 3rd time. I will be waiting for a break and retest of the Counter Trend Line (CTL) to execute a long trade. A break through support and i'll execute a short trade to around 1.226
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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.