GBPUSD – Flat
Recently,GBPUSD broke above a resistance line 1.3759rallied above it but has just pulled back to it.This is a potential buy place and as long as it is not breached to the lower side with a big red candIe I expect a possible bullish momentum with an ultimate target at 1.4940.The idea is to buy this pair around 1.3759 with your stop loss below 1.3759.On the other side should the price break below 1.3759 with a big red candle, then I expect a decline of it towards 1.2725 or even lower, and I would advise you wait for a correction before you enter short position.
Buy this pair around 1.3759 with your stop loss below 1.3759 and take profit at 1.4940
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