GBPUSD is testing the resistance zone and dynamic resistance.
Price action has previously rebounded from this resistance and fibo 61.8% level.
The market broke and closed below the psychological level at 1.21000, which gives the trend a slightly bearish sentiment.
We expect the price to retest the support.
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Thread: GBPUSD shorting opportunity
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23-02-2023, 10:16 AM #1
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GBPUSD shorting opportunity
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06-03-2023, 05:12 PM #2
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Some bad practices devour our trading profit including using high leverage, trading in high spread-consuming pairs and over-trading. High spread means your broker is taking high commission from you for each trade opening. Eurotrader allows traders with low trading spread in majority of their trading pairs.
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07-03-2023, 04:35 AM #3
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