GBPUSD Trading Plan: Price near Resistance

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By Deya Hroob



This trading idea based on 4h chart.


 GBPUSD is trading now near strong resistance. It's also on an uptrendline.

 You can initiate long position when price penetrates the resistance level. ( It's better to wait a closing candle above this level).  

Our set up will be invalided if price break down the trendline.

Good luck!

 

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