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GBPUSD Rejected by Yearly R1 @ 1.7158 (go long if close above)
GBPUSD got rejected by yearly R1 resistance level at 1.7158. Price action has crossed the bottom Keltner channel. Every time this had happened along with RSI oversold condition (last 5 times) in the current uptrend it was a buying opportunity. Once the daily candle closes above the R1 resistance it probably is a good time to go long.
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