- GBPUSD is currently testing a strong support level at 1.26550. This is a favorable buying area, and traders can consider entering long positions here.
- However, selling at this level is not appropriate. It is better to wait for a pullback to the range between 1.28300 and 1.29298 to look for selling opportunities if selling pressure emerges at that point.
- However, selling at this level is not appropriate. It is better to wait for a pullback to the range between 1.28300 and 1.29298 to look for selling opportunities if selling pressure emerges at that point.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.