GBPUSD : Short -term buying and selling strategy!

GBPUSD experienced a swift rise in price yesterday, a trend that continues at the current level of 1.279. While the momentum is showing signs of waning as short-term prices begin to consolidate, this point could provide a prime opportunity for short-term trade setups, as per our analysis. The first support zone, derived from the 0.5 - 0.618 Fibonacci retracement, is poised to be an attractive buying area if GBPUSD approaches this region.

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