GBPUSD is Trading Near Resistance Areas

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 By Deya Hroob


GBP/USD Daily Chart




GBP/USD is approaching resistance areas. The trendline and the resistance structure. In order to open long position, I need to wait the price to break above these resistance. If this happens my target will be : 1.4050 , 1.4120

However, if the price turns down from the resistance , the pair may fall again to 1.38 level again.

Trade Wise and Good Luck,

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