Pound with attractive movement..

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Recently, we looked at the GBP long and hit our targets.

The current covid crisis and parliament refusal problems is at the forefront of market sentiment, giving the GBP a chance to move.

Similarly to other USD pairs we are trading, We are now looking long at the midpoint of our parallel channel, back at some key support and MA’s.

Long term our bias is for a larger upmove.

Lots of sentiment over the coming weeks will dictate volatility, so keep an eye on the GBP.

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