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Here we have our GBPUSD chart.
After hitting our previous targets, we are now looking to take the GBPUSD long again. If you are wondering why, there is several reasons which are key factors and which you should use in future trading strategy.
We are at a point of previous price rejection. This means there is buying power at this area. We are also at a low price from the previous drop and far off our MA's.
We are looking long with our first exit noted by the directional arrow upwards.