TradePlus-Fx|GBPUSD: mid-term reversal

💬Description: The medium-term reversal in GBPUSD is gaining momentum, we can already confirm this fact and now adhere to a more BUY priority. At the moment, we are expecting a culmination of buy orders, which will most likely occur first at sellers’ stop losses, and after market buy orders.

We do not rule out a false breakout in order to disembark extra buyers. Within the next week, the instrument will most likely record its new local maximum, after which it will begin a downward correction.

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