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GBPUSD Expanding channel and bullish breakout

Long
OANDA:GBPUSD   British Pound / U.S. Dollar
Based on recent market price action, GBPUSD has formed an expanding channel on the hourly timeframe. The breakout from this pattern confirms a bullish signal, indicating that we anticipate the GBPUSD to continue its upward movement. Our minimum target is near the recent swing high of 1.283.





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