Fxprotrader

GBPUSD Buy Opportunity at Key Support Level

Long
FX:GBPUSD   British Pound / U.S. Dollar
Price reached the lower parallel of a valid pitchfork where it seems it bounced and broke above the consolidation it was moving at the end of this downmove. We should now wait for a correction (flag pattern) and go long with a target the lower quartile of the pitchfork.

Wait for that flag at the 15min, hourly timeframe:
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