GBPUSD FORECAST

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GU is looking quite strong and attractive right now, suggesting we might see some upward movement. I’m optimistic that it will keep pushing higher, aiming for the 1.30 region, as I’ve noticed some significant bullish momentum.

As GU gets closer to the 1.30 mark, I expect it might hit the liquidity zone and then perhaps pull back a bit. This expectation comes from my trading strategy, which takes into account various factors like market sentiment, supply and demand, price action, and those all-important liquidity zones. The 1.30 area is especially interesting since it’s a key zone where many traders may decide to take profits or go short.

So, I believe we might see GU decline afterwards, potentially reaching the 1.26300 price region. This prediction is based on historical patterns and how traders tend to behave around these levels. I’ll be keeping a close eye on the price action as we approach these critical areas to fine-tune my strategy as needed. Looking forward to seeing how this unfolds!

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