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GBPUSD - Potential Long from Key Support Zone

The GBPUSD pair is currently approaching a significant demand zone near the 1.20200 - 1.22000 level. Historically, this area has served as a robust support level, often leading to strong bullish reversals. The recent bearish momentum has pushed the pair into this critical area, increasing the likelihood of buying interest emerging.

A bullish confirmation, such as a strong rejection pattern, bullish engulfing candles, or long lower wicks, would signal potential upward movement. If buyers regain control, the price may head toward the 1.24427 level.

This setup suggests a potential short-term rebound, aligning with a corrective move within the broader market structure.
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บันทึก
Went up more than half
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สแนปชอต
Finally, the patience paid off.

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