GBPUSD MULTI-TIMEFRAME ANALYSIS 25/01 to 29/01

Monthly and Weekly price structure is bullish , Daily is currently bullish. Price retraces back to the support zone and had a bullish reaction as highlighted on the previous analysis. Yesterday's price action created a new support zone as highlighted on the Daily time frame. Price could go higher from here and close into the weekly gap. FOMC is on the horizon, thread carefully.

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Risk:

FOMC

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