GBPUSD D1 - Correction before LONG

By Trade_Simple_FX
GBPUSD is elegantly responding to the strategic convergence of resistance and supply prices, seamlessly aligning with the significant milestone of 1.27. In recent trading sessions, these key whole numbers have exhibited remarkable efficacy across the pairs under our scrutiny.

Our discerning gaze is now fixed on pinpointing the extent of selling pressure exhaustion, laying the groundwork for a poised transition into potential long positions. The ultimate objective is to set our sights on the forthcoming psychological price zone at 1.30, strategically gearing up for the journey ahead.
Chart PatternsdollarForexGBPGBPUSDTechnical IndicatorssignalstradingTrend AnalysisUSD
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