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ZAR_Republic

GBPUSD

Long
British Pound / U.S. Dollar (OANDA:GBPUSD)  
ZAR_Republic  
OANDA:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Technical Indicators Fundamental Analysis GBPUSD GBP USD Forex forextrading Ethereum (Cryptocurrency) Cryptocurrency crypto EURUSD
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trendanalysis indicator fundamental gbpusd gbp usd forex forextrading ethereum cryptocurrency crypto eurusd
GBPUSD is possibly pricing in a pull-back to the 1.2150 level due to US Dollar weakness, and bullish market sentiment due to improvements in the Ukraine-Russia war and decreases in commodity prices due to slowing global economic activity, especially in China.

Entry: any where above the stop

Key level: observe trading @1.1800 - that is, increase the position if GBPUSD trades above 1.18. However, liquidate the position if it does not penetrate this level.

Target Price: 1.2150
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