LONG !!!!!!!!!!

GBP holding the lower trend line. as you can see the price is being bouncing several times at support area and rejecting the bears, bulls guarded bears to go much lower. oversold area at 14 RSI is also supporting the price action to bounce back higher. A strong UK and US economic report will decide the next move. as far i am seeing is this could be a long move. At MACD the bears volume are starting to fading.
Technical IndicatorsTrend AnalysisWave Analysis

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