GBPUSD was in downtrend for quite sometimes . Last week it reached a key level of 1.21100 but couldn't broke through. Currently it is hovering around this level . We can see divergence on RSI which means that we might see a trend shift in the coming days. So we will wait for the market to generate a confirmation like HHs and HLs. If it does so we will take long positions.
Beyond Technical AnalysisGBPUSD

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