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Gbpusd has bounced back from support zone again today. It started bullish momentum with a big candle. We can see big engulfing candle on h4. This candle suggests for bullish continuation on this pair. We need to wait for today. If this pair stays still above 1.2636 level, then there is a chance to make bullish momentum on this pair.
In Stochastic indicator, it is trying to move upward from oversold area. So buyers are trying to take some control over this pair. Hoping for more buy on this pair.
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