British Pound / U.S. Dollar

Long

GBPUSD: Pullback From Key Level

By VasilyTrader

Updated

snapshot

GBPUSD is retesting a strong daily structure support.

On that, the price was nicely coiling yesterday and we even saw a false breakout of that with a rejection.

It looks like the pair is preparing for a bounce to retest a current local high.

Goal - 1.3996

Note

Check my new analysis on CADJPY:

CADJPY: Bearish Continuation

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