💡Ideas For GBPUSD
📈 Long squeeze can lead to a rebound
GBPUSD is forming a bearish rally following a short squeeze and is testing support at 1.35000
The Dollar Index looks weak on the D1 chart, with bears applying pressure; however, intraday volatility depends on fundamental and geopolitical factors. The pound may bounce off the support formed by the range Resistance levels: 1.358, 1.364
Support level: 1.3512
and price consolidation above key support could support a potential rise to 1358.
Mr.Yang
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