GBPUSD

4971
Hello Traders! 👋

What are your thoughts on GBPUSD?

The price has successfully broken its downward trendline and, after a successful pullback, has also broken through a key resistance level to the upside.
Currently, the price is consolidating above the broken resistance, which indicates strong buyer momentum and a potential continuation of the uptrend.
Given the current market structure, the price is likely to experience a minor pullback and consolidation before continuing its upward movement.

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