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Monday, April 05, 2021

GBPUSD Analysis April 5, 2021

GBPUSD Analysis April 5, 2021

On the weekly timeframe price has found support and is surging back towards the upside.

On the daily timeframe price broke two levels of resistance on it’s way to this bullish high point. Price is coming into a level of resistance which I do expect it to struggle at. 
On the H4 timeframe we can very clearly see the trend that we are in which is bullish . In order for myself to take a long order on this pair I need to see some sort of pullback into support. If price does retest the 1.39250 level then we could see reversals from here back into the level of control at 1.38950 which I will then look for reversals from

from Trading Ideas
via gqrds

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