GBPUSD BEARS STILL GOT IT! WHAT HAPPENED TO THE BULLS??!

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The bears came in this week as anticipated but failed to reach the expected AOI from the previous short projection, hence, leaving us with no short trades this week, yet.

Now attention is shifting towards the bullish side of the curve as price approach two significant AOIs (a weekly FVG and a 3-month demand zone). As we still seek to see a potential retracement of all the shorting from September, we will watch keenly what price does first within the FVG for bullish signal. Should it violate this level also, the demand zone below becomes our ultimate area for longs.

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