GBPUSD BUY
Following up from the previous analysis of EURUSD and knowing that these two pairs correlate with each other, it gives me an idea of where GBPUSD is heading long-term. Right now we can see that an ascending triangle is forming which suggests that price is on it's way up. Therefore, i'm looking to buy when price breaks the resistance zone at 1.26470 to then take profit at the next resistance zone. And if price breaks that too i'll look to enter once again for a buy with my take profit set at the successive resistance area.
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