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GBPUSD: Market Structure & Technical Analysis

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OANDA:GBPUSD   英鎊 / 美元
Hello traders, just wanted to give an update on GBPUSD. Price is playing out to the analysis giving earlier this week. Price pulled back to the 50%-61.8 Fibonacci level then rejected and printed strong bullish candles. Using a Fibonacci Extension shows potential upside for this idea. Overall a successful trade and will continue to give updates and breakdowns on this pair.

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