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GBPUSD is Challenging Supply Zones

GBPUSD is Challenging Supply Zones

Main Scenario: Sell below 1.2150 towards 1.19, 1.18, and 1.1760 with SL above 1.22 at least 1% of account equity* Trailing Stop Applies

Alternate Scenario: Buy above 1.2155 towards 1.22 and 1.23 with SL below 1.2026 or at least 1% of account equity*.

Fundamental Scenario

The pound's gains in November added to October's 2.7% growth after Rishi Sunak replaced Liz Truss as Prime Minister, leaving behind her plans for significant unfunded tax cuts.

However, in November,... Read More

Posted: Dec 1 2022, 14:37
Author Name: forexlive
Views: 102590

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