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01May: GBP/USD Broke a trend and from One

Hello Guys ,
The GBP/USD pair Broke a strong down trend on the 4H chart and from another one on the same fram , I think it is time for the pair rise up again maybe to reach the level 1.3390.
But be carefull it will be a strong move today due to the important news comming in " The Manufacturing Purchasing Managers' Index (PMI)" which will surely chake the markets .
The Manufacturing Purchasing Managers' Index (PMI) : measures the activity level of purchasing managers in the manufacturing sector. …
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hamzalakhlef avatar

Tomorrow there is  GBP news maybe negative !!!

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hunlion 1 Giu

Postive news , waiting for the last dollars news to release

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2 Different scenario for the GBP/USD Pair

Hello Guys ,
After 2 strong weekly bearish candlesticks, the GBP/USD Pair stops its way at a strong support level which makes us confused wethere the GBP keep shows weakness or it has an other word to say . so that there are two scenario the first is that the pair will reverses its way from this point 1.3720 going back to a higher level at 1.4000 , or it wil contue going downward to reach the level 1.36000
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hunlion 27 Mag

Unfortunately for us , the GBP/USD took the scenario and keep its way down

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GBP/USD Breaks a Down Trend on 4H Chart

Hello guys ,
A 4H GBP/USD pair candlestick has closed above a strong down trend , which gives us a good sign that the pair will continue rising . But I think it is better to wait for a daily close above the trend line to entre a buy trade to a target TP: 1.4055 ans a stop loss at SL:1.3830.
4H Chart Close :
You could open a buy trade or Wait for the Daily Close upper the trend line :
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