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GBPUSD Analysis August 16, 2020

Long
FX:GBPUSD   British Pound / U.S. Dollar
On the monthly timeframe we are overall still bearish. On the weekly we are approaching a weekly bearish confluence level. Until at least the H4 timeframe breaks structure we will still be looking for longs. On the 1H timeframe we are looking to continue the current uptrend looking for potential entry opportunities as soon as they arise!
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