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British Pound / U.S. Dollar
Long

GBPUSD: Pullback From Key Level 🇬🇧🇺🇸

By VasilyTrader
Updated
snapshot

Hey traders,

GBPUSD looks very weak and oversold.
After a strong bearish rally, the price reached a minor demand zone on 3 days chart.
1.31 - 1.32 is the area from where I will expect a pullback.

My confirmation is a bullish breakout of an expanding wedge pattern and a double bottom formation within its boundaries.

Goals:
1.335
1.35

❤️Please, support this idea with like and comment!❤️


Note
Check my new idea on AUDUSD:
AUDUSD: Important Breakout & Bullish Continuation 🇦🇺🇺🇸
dollarForexGBPUSDMultiple Time Frame AnalysispoundSupply and DemandTechnical AnalysistradingUSDDJ FXCM IndexWedge
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