The GBPUSD has surpassed and closed above a strong horizontal intraday resistance cluster and a significant descending trend line.
The broken vertical and horizontal formations now create an expanding demand area.
I anticipate a bullish trend starting from the highlighted red zone, with targets at 1.2618 and 1.2690.
The broken vertical and horizontal formations now create an expanding demand area.
I anticipate a bullish trend starting from the highlighted red zone, with targets at 1.2618 and 1.2690.
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