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GBPUSD Retraces close to 0.5 FIB (go long if bounces again)

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GBPUSD has retraced to 0.5 FIB few times in the past before resuming it's bullish trend. The 0.5 FIB retracement is @ 1.6938 to which it has come quite close. A small bounce to the resistance level at 1.7189 is quite possible from here.

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