GBPUSD is testing 1.2000
GBPUSD reached 1.2500 and pulled back. This pullback was deep and has reached 1.2000 of the support. A bounce from here is required for the upside continuation and an attack on 1.2500 again. Critical support below this is 1.1800. Expect the range trading during Holiday sessions and a directional move after.
Note: look for the long trades with a stop loss below 1.2000
“If you think Investing is risky, wait till you receive a bill for not Investing!” Jim Rohn
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