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British Pound / U.S. Dollar
Long

GBP/USD: Bullish Trend Continues

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The GBP/USD has retraced to a significant previous level, forming a false breakout. The long-term trend is still bullish. I believe that this level will hold, and once it breaks the corrective trendline, it is likely to move upward, targeting higher resistance levels.

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ForexgbpusdlongSupport and ResistancetradingstrategytradingtipTrend AnalysisTrend Lines
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Related publications

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.