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Hello, Friends!

We are going long on the GBP/USD with the target of 1.310 level, because the pair is oversold and will soon hit the support line below. We deduced the oversold condition from the price being near to the lower BB band. However, we should use low risk here because the 1W TF is red and gives us a counter-signal.

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I stand by my prediction and my idea is confirmed by the fact that the pair is moving towards the target!
Bullish PatternsbuyChart PatternsforecastForexGBPUSDLONGtecnhicalanalysistradingTrend AnalysisWave Analysis

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