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GBPUSD – Looking to Buy On Pullbacks Into Support (1hr chart)
Price Action Context
After skyrocketing post UK election with Boris Johnson winning handily, the GBPUSD forex pair has sold off in a corrective pullback after spiking into the major resistance around 1.3480/1.35. I’m suspecting this is some profit taking before the next leg up.
Hence I’m looking to get long on a pullback …... Keep reading