GBPUSD-06/28/2023
Preferred direction: BUY
Comment: The sellers were able to dominate the market and for today managed to drive the price below 1.26525. This fact promises further fall to 1.25381. The medium-term perspective of the instrument will depend on this level. A potential SELL entry point at the moment is a small rollback towards the level of 1.26525. However, a deep pullback should not be expected, as well as a full re-test (this is unlikely).
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Comment: The sellers were able to dominate the market and for today managed to drive the price below 1.26525. This fact promises further fall to 1.25381. The medium-term perspective of the instrument will depend on this level. A potential SELL entry point at the moment is a small rollback towards the level of 1.26525. However, a deep pullback should not be expected, as well as a full re-test (this is unlikely).
Thank you for like and share your views!
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