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💡 GBPUSD: Pressure from sellers

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Paun British / Dolar A.S. (OANDA:GBPUSD)  
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OANDA:GBPUSD   Paun British / Dolar A.S.
Trend Analysis Technical Indicators Fundamental Analysis gpbusd gbpusd_forecast gbpusdshort gbpusdanalysis Trend Line Break trendtrading trading tradingview Forex
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trendanalysis indicator fundamental gpbusd gbpusd_forecast gbpusdshort gbpusdanalysis trendlinebreak trendtrading trading tradingview forex
GBPUSD continued to recover in the past session after buyers successfully defended the support level of 1.26. Although it is still not possible to break the resistance at 1.28 and create a new peak to confirm the continuation of the uptrend. However, recent price behavior shows that buyers are gradually regaining control of the situation, expecting prices to continue to rise. It is possible to continue holding existing long positions, the SL is still set below 1.26 while the target remains 1.30.
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