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YourLazyTrader

GBPUSD may reverse in the 1.3350-1.3500 level

British Pound / U.S. Dollar (FX:GBPUSD)  
YourLazyTrader  
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns Beyond Technical Analysis GBPUSD gbpusdsignal gbpusdanalysis
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trendanalysis chartpattern beyondta gbpusd gbpusdsignal gbpusdanalysis
GBPUSD is approaching a key resistance level near 1.3500. Over the last few weeks, GBPUSD is on a bullish trend thanks to a very weak US Dollar.

However, after reaching the 1.3350-1.3500 resistance level, GBPUSD may do a deep pullback towards 1.27.

Watch for bearish price action in the level that I have highlighted in my chart and then look for some good sell entries.
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