Sunday, March 5, 2023



GBPUSD nicely respected a horizontal key daily structure support on Friday.
The price bounced and formed a bullish engulfing candle.

Taking into consideration, that the pair is currently trading within a sideways range,
probabilities will be high, that the market will go higher next week.

Next resistance - 1.21

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GBPUSD May Go Higher! Here is Why

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