GBPUSD D1 - Long Signal

Much like the preceding analysis of XAUUSD, we find ourselves with GBPUSD and EURUSD, both poised to follow a somewhat parallel trajectory. Our anticipation centers on a modest downward movement, targeting approximately 1.26, before setting the stage for long positions. Our optimism hinges on the prospect of witnessing the DXY approach the anticipated 103.000 mark.

From this juncture, we can assess whether our analytical insights and various instruments align cohesively, providing the necessary confluence to confidently execute long positions, in keeping with our overarching market sentiment.
Chart PatternsdollarDXYGBPGBPUSDTechnical IndicatorsTrend AnalysisUSDDJ FXCM Index

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