Hi traders,
Happy new week.
This week as usual, I will be keeping a close watch on the GBP pairs.
Gbpusd daily candle closed above a monthly midpoint at 1.3252 area. I will wait for a break above Friday's daily candle open at 1.3290 area to enter a buy order that will likely head to 1.3400 area. If price is unable to break above 1.3290 area, it will likely continue downwards to the 1.3200 area before slowing down.
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