GBPUSD is trading at in falling wedge pattern. The current price of GBPUSD is trading at a very strong support level , which is the meeting point of the long term support line and falling wedge support line. We might see the price bouncing back from the current level. One can initiate a long trade on GBPUSD with a stop loss just below the long term support line.

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Thanks

Vivek

Vivek

have half a decade of experience as a trader and enthusiastically learning & developing new strategies and convert it into algorithm trading & also analyzing the companies with ESG method.