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GBPUSD what to doHello Traders!
GBPUSD reached a strong line of resistance, after which it began to fall.
And now the price is between the resistance line and the support line. I expect the price to fall.
Open short only if the support line will be broken.
Target - Level 1.278
The second scenario, if the price again reaches a strong resistance level of 1.2985.
Also a good chance to open a sell with a short stop loss.
Everything repeats for GBPUSDAll repeats.
The price, like 2 weeks ago, approached the support level 1.2894 which is located next to the support line.
And the scenario is as follows:
The price will break through the support level, then it will reach the support line, it will begin to grow to our level that we have broken. After this, a false break through the level is possible, after which the price will begin to fall to the level of 1.2775