GBPUSD Buy Signal

Pattern: Channel Up (Fibonacci) on 1D.

Signal: Buy as the price is printing a short-term Lower Lows sequence which is similar to the bottom formed on September 23, while the RSI is rebounding off a Double Bottom formation.

Target: 1.4200 short-term (the Resistance) and 1.4800 long-term (the 2.0 Fibonacci extension level).




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