GBPUSD-Bumpy Road Ahead
Updated
We are still in an ascending channel from the daily & weekly timeframes perspective but price might attempt to retest the 1.35xx zone before the bulls take over. Safe buy entries should be above 1.35730 with our first TP around the 1.37550 area. Price will likely over shoot to test the 1.38xx zone before it consolidates. The rest we will see as the week progresses.
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