Swing traiding will take a longer time to achieve, but the behaviour of GPBUSD is showing 130 pips sell is a form of pull back to make another bullish impulse of 250 to 300 pips and it does that, it is closer to 1.4000 by then.
It could also imply that it is about to create a lower high or retest of this month's high as we are getting close to the end of May.
It could also imply that it is about to create a lower high or retest of this month's high as we are getting close to the end of May.
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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.