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⋅ GBPUSD has had a great day today, it seems to be trending higher!
Price is currently retracing and is sitting at the 38.2% retracement and at the 200MA on 4HR (blue line).
This is a risk defining area!
Buy here and target recent highs with stops just 15pips below.
* * fundamentals * *
GBP
Flash Manufacturing PMI
Flash Services PMI
Trade with care guys!
-L