ForexWizard01

GBPUSD Possible buy zone!

Long
FX:GBPUSD   British Pound / U.S. Dollar
The primary structure of GBPUSD indicates a bearish trend, accompanied by a secondary structure reflecting a corrective rebound.
- To capitalize on favorable selling points, it is suggested to exercise patience and wait for the price to revisit the vicinity of 1.23643 before considering short-selling opportunities.
- In the case of seeking buying opportunities, a prudent approach involves waiting for the price to reach the support level situated at 1.22394.

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