GBPUSD Rejected by Yearly R1 @ 1.7158 (go long if close above)
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GBPUSD got rejected by yearly R1 resistance level at 1.7158. Price action has crossed the bottom Keltner channel. Every time this had happened along with RSI oversold condition (last 5 times) in the current uptrend it was a buying opportunity. Once the daily candle closes above the R1 resistance it probably is a good time to go long.