In line with my previous analysis, GBPUSD has moved precisely as anticipated. 
Following a retest of the prior local resistance, the price broke the trend line with an engulfing 7-day candle. The next target for the price is the 1.18550 support level, after which there may be a small bounce before it aims for 1.15000.
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Following a retest of the prior local resistance, the price broke the trend line with an engulfing 7-day candle. The next target for the price is the 1.18550 support level, after which there may be a small bounce before it aims for 1.15000.
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Please follow if you're interested in more ideas like this.
Let me know your thoughts in the comments, and show your support by liking the idea.
Your support is greatly appreciated!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.