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Trade posted at 8:30am ET buy GBPUSD at 1.6256. This pair has been falling for a few days now since testing the 1.6700 highs. The daily trend line has been well established for the year and it is now testing that trend line. Looking for a bounce and return higher in the direction of the overall trend direction. Use caution on the break of the trend line. Buy zone down to 1.6230.
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