1.2770 is now acting as resistance for Gbpusd. Now this pair staying on this level. It is trying to break this level from lower side to upper side. If this pair can successfully break this level, then we can get a long trade on this pair. So we need to be careful about taking the entry.
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The big news is coming on FOMC. So it will be a busy day for this pair. We will see volatility on this pair. If your trade is in profit, then close partial or full for safety. You must use SL, otherwise, you can face a huge loss.
This pair has started bullish momentum since yesterday, so there is a chance to go up. Next target for this pair is 1.2900 level.
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