GBPUSD on the daily chart after the recent high at the 1.2500 level retraced over the demand zone at the 0.5 Fibonacci level.
The market created an impulse to the upside after the test of it and open the week with a gap.

Currently the buyers are attempting to break the daily resistance structure and IF the price will manage to move over that level we can move on the 4h chart to set a nice long order according to the Plancton's strategy rules.
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ืชืžื•ื ืช-ื‘ื–ืง bullish pressure
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ืชืžื•ื ืช-ื‘ื–ืง still looks bullish on the daily
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ืชืžื•ื ืช-ื‘ื–ืง resistance rejection
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ืชืžื•ื ืช-ื‘ื–ืง waiting for a break of the daily resistance
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ืชืžื•ื ืช-ื‘ื–ืง the price breaks above as expected
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ืชืžื•ื ืช-ื‘ื–ืง approaching the weekly resistance
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ืชืžื•ื ืช-ื‘ื–ืง retest of the previous high
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ืชืžื•ื ืช-ื‘ื–ืง waiting for a resistance break
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ืชืžื•ื ืช-ื‘ื–ืง choppy trading between the 2 structures
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ืชืžื•ื ืช-ื‘ื–ืง the price is now breaking above
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ืชืžื•ื ืช-ื‘ื–ืง 200 pips delivered here
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ืชืžื•ื ืช-ื‘ื–ืง possible new recent high
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ืชืžื•ื ืช-ื‘ื–ืง retest of the support
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ืชืžื•ื ืช-ื‘ื–ืง new break of the resistan ce
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ืชืžื•ื ืช-ื‘ื–ืง higher high
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ืชืžื•ื ืช-ื‘ื–ืง break and retest of the previous highs
240minDaily ChartsFibonacci RetracementGBPGBPUSDTrend AnalysisUSD

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