GBPUSD has approached for 3rd time in recent hours dynamic level at 1.5060. Likely scenario: following positive EURUSD dynamics, GBPUSD closes above 1.5060 which confirms buy entry targeting 1.5160 area. Alternative scenario: kick down from 1.5060 to 1.4970, then another leg up to 1.5160.
This idea is an updated view on a broader GBPUSD outlook.
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Long entry confirmed, SL moved to 1.5040, TP 1.5160.