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GBPUSD Waiting for pull back from support | July 17, 2017



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Gbpusd has broken its critical support zone last week. Now, this pair is trying to take little retrace. So we should wait for perfect bullish movement confirmation from support. Broken level turns into support for this pair. We may get a bullish rejection from support zone at 1.3030. After getting confirmation, we need to open buy entry with 40 pips SL and 50-120 pips TP.

Another buy zone lies on 1.2970-80. We need to mark this zone and wait for a pull back from that zone. Hope we will get good buy setup from this pair.

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