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Gbpusd_forecast

GBPUSD - Buy Entry - D1 ChartGBPUSD - Buy Entry - D1 Chart Buy @ Current Market or on a pull back into the Buy Zone Recommended Risk - Stop Loss @ 0.5% to 1% of your Account Balance Please support the idea with a Like 👍 Follow me to receive updates of this analysis, plus new ideas ✅ Thank you for your support 😊 Wishing you successful trading 🙏 ------------------------------------------------------------------------------------ 🔺 DISCLAIMER 🔺 The content of this analysis is subject to change at any time without notice. 🔺 It is provided for the sole purpose of assisting traders to make independent investment decisions. 🔺 You must do your own research to create your own trading plan for the market. ------------------------------------------------------------------------------------
Long
by UnknownUnicorn5418842
GbpUsd- to break above resistance?Since the recent low of just under 1.37, GbpUsd traded to the upside putting in a series of higher lows on our chart. The long term trend is clearly up and I believe that a break above recent short term resistance will follow. Considering we are speaking about Gbp, a spike under 1.38 is very probable and this can be a good opportunity for bulls to enter the market. 1.4 is a reasonable target and, on the other hand, a daily close under 1.37 would negate this scenario
Long
by Mihai_Iacob
11