GBPUSD Analysis 4/8/2023

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- 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.

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