Tradingwithg
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trendanalysis
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GBP/USD Numerous price rejection on the (Daily) time frame @ 1.36396, making lower lows resulting in an aggressive selling towards the equilibrium zone. Continuing on with an upward retracement to the 50% Fib zone ( Golden Zone ) for continuous resistance @ 1.34357 then dropping again to the equilibrium zone @ 1.33026 * Price has finally closed under the...
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GBP USD 1) Major rejection at the 1.34237 area (1HR zone) looking for a break out to the upside since price is continuing in a strong uptrend towards the 15Min supply zone, breaking through the trend line also. 2) potential downside movement as well if price continues to make lower lows and close under the 15min zone and continue downwards to the 1.33727 1HR zone
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