Hey traders,
GBPUSD is very close to a current year's high.
The underlined horizontal structure matches perfectly with the resistance live of a local rising parallel channel.
I believe that chances are high to see a pullback from this confluence zone.
Closest support - 1.404
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✅Join My Telegram Channel: t.me/VasilyTrading
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Related publications
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.