GBPUSD Trade Idea

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The GBPUSD pair is showing a strong bullish trend on the 4-hour chart. However, the price currently looks overextended. This suggests the market may be due for a corrective pullback.

I’m watching for a pullback into a discounted zone near the fair value gap.

If the price moves back into this zone, I’ll look for a bullish break of market structure as a signal to enter long.

This plan emphasizes patience and the importance of waiting for a favorable entry rather than chasing an extended move. As always, this is my personal strategy and not financial advice. Proper risk management and discretion are essential.

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