GBPUSD Breakout and Potential Retrace
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Hey Traders, in today's trading session we are monitoring GBPUSD for a buying opportunity around 1.30900 zone, GBPUSD was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 1.30900 support and resistance area.
Trade safe, -
Breakout looks clean, but a retest would make it safer.
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GBPUSD loves fake-outs—waiting to see confirmation.