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GBPUSD Long 4HR Setup
On GBPUSD 4hr setup, this pair is still on a bullish trend and recently closing above weekly resistance.
1.GBPUSD has formed a bullish flagpole and has retraced back to higher low which correlates to the 50% on the fibbonacci retracement.
2.Im expecting to go long on this pair as long as the daily/4hr zone will show a bullish confirmation around current zone on the smaller timeframe.
3.Keep in mind that no 4HR/daily structure has not been broken as yet so i will be expecting a continuation for longing this pair.
1.GBPUSD has formed a bullish flagpole and has retraced back to higher low which correlates to the 50% on the fibbonacci retracement.
2.Im expecting to go long on this pair as long as the daily/4hr zone will show a bullish confirmation around current zone on the smaller timeframe.
3.Keep in mind that no 4HR/daily structure has not been broken as yet so i will be expecting a continuation for longing this pair.
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