Gbpusd has got resistance on 100 Exponential Moving Average recently after some volatile bullish movement. In London session, this pair fell at support level at 1.2770 level. Then it gained a massive bullish momentum with around 150 pips within few hours. At last, this bullish momentum has found little resistance on 1.2920 level by 100 EMA. Still, there is a chance to get bullish momentum again. If any bullish candle formed on h1 or H4, then we can look for buy with targeting 1.3000 level.
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Below 1.2920 level, this pair should stay in sell mode. So we can find sell entry for a short time. But if you think about long term, then I will recommend you to look for buy. This pair should flight more towards the upside.