Potential Long from 1.26

FX:GBPUSD   British Pound / U.S. Dollar
Respected 31 EMA , which is only indicator so it may mean nothing, however this could trigger GBP to drop a little and potentially bounce from 50% Fib level and fly. This level is the strongest due to it being a psychological level too. If not then manual support at 1.2590.

This formation would help form a 4hour W, which would then make the trade stronger.
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