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British Pound / U.S. Dollar
Long

GBPUSD long setup

By Attack_Titan
  • Price currently in a descending wedge with signs of exhaustion - MACD divergence formation
  • If price breaks out to the upside we could see it heading towards the highlighted resistance zone
  • Resistance zone is in confluence with the 61.8% fib level plus downward trendline which could be potentially re-tested
  • Will be closely monitoring the pair for any potential break to the upside for a short term buy opportunity

GBPUSD
Attack_Titan

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