Short term buy opportunity on GBPUSD!

28 בפבר׳ 2023

GBPUSD looks like bulls are in control as it bounced up from 1.193 key level due to short term weaknesses in US dollar index. The pair is tempting to break above the falling trendline and it looks to me that it will not hold. If we see a complete violation, we could see price extending to 1.226. For best entry we need to wait for a complete break above 1.213 and have good confirmation to go long.

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