GBPUSD is currently traded at 1.22250. The market created a support area at 1.2200 and that is also a demand area. In a 4-hour timeframe market makes a pennant breaks with high momentum and now retests the support and demand zones.
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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.