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British Pound / U.S. Dollar
Long

GBPUSD

By wedidmakepipsbro
Updated
Hi there fellow traders! GBPUSD is looking pretty bullish for me. After the strong impulse we had on the 1H chart, price is currently playing & correcting itself around the 1.28850 area (which also happens to be our Daily Support if you look at previous market structure). We may see GBPUSD rally again as a result of a breakout of our bullish flag. And looking at our Daily chart, the market made a similar move many days ago, so we might see history repeat itself. This may also result in a complete ABCD pattern. My target is set on 1.32550 - we may see price go higher.
Trade active
Trade active
Protect profits.
Trade active
Still some bullish movement expected on this pair.

snapshot
Trade closed: target reached
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Chart PatternsTrend AnalysisWave Analysis
wedidmakepipsbro

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