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This recent bullish move could potentially have overextended, leading us into the 1.3000 level. At such a psychological level with its whole number, there could potentially be a lot of sellers around that area. In addition to that, we have massive structure looking left and also a potential bearish bat formation in that area. Conservative traders should wait for...
Bullish flag on GBPUSD. Waited for pullback and retest of trendline before going long!