ðĄGBPUSD: Wait around the support level
The GBPUSD is getting closer to the 1.2290 support zone. However, it appears that the market is slowing down in this region, and there haven't been any notable price action reactions or buy signals so far.
We'll have to remain patient at this point. If a buy signal does materialize in this area, we can consider entering a trade.
Additionally, it's advisable to keep an eye on the support level around 1.2230, which is also a viable trading zone. The price may gravitate toward this area, as it aligns with the previous peak region. If a buy signal forms here, it's another opportunity worth considering for a trade.
We'll have to remain patient at this point. If a buy signal does materialize in this area, we can consider entering a trade.
Additionally, it's advisable to keep an eye on the support level around 1.2230, which is also a viable trading zone. The price may gravitate toward this area, as it aligns with the previous peak region. If a buy signal forms here, it's another opportunity worth considering for a trade.
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