๐ธspeculative buy/hold setup for GBPUSD bulls, compression in progress right now. Recently rejection from overhead resistance at 2565, right now pullback in progress, but this is another buying opportunity.
๐ธStrong price chart, sequence of higher lows at 2360, 2400, and final higher low projected at 2465, which is a strong reload bulls.
๐ธRecommended strategy bulls: seek to buy/hold near 2465 using tight SL, expecting further gains in GBPUSD over next 2-4 weeks, so focus on buying into pullback. SL 60 pips, TP1 2650 TP2 2750, swing trade setup, patience required.
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