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$GBPUSD | Downside smash followed by Reversal

101
Weekly price downside break set to challenge February lows at $1.3711 after chart failed to continue higher. Price action could potentially converge onto bullish 28EMA trend line & reverse from there, setting a double bottom & continuing with the overextended bullish momentum. I see much of the intraweek pullback as a swing style entry which could easily retest previous highs.

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