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British Pound / U.S. Dollar
Long

GBPUSD BULLISH SETUP

By Sage_Trader
The GBPUSD is currently trading around the monthly demand zone. Sell side liquidity has been cleared and there is a bullish break of structure in the 1 hour time frame. i am now expecting price to continue rising from current level. I am looking at taking buy entries at current price (1.25) and around 1.22 (fair value gap area) should price drop lower. Stop- loss will be placed at 1.22.
Beyond Technical AnalysisdaytradingForexforexanalysisforexsignalsforextradingFundamental AnalysisGBPUSDpriceactionanalysissmartmoneyconceptTrend Analysis
Sage_Trader
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