GBPUSD Long in Action

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GBPUSD

Understanding Japanese Candlesticks give us insight to market psychology in a given time session.

We see the buyers stepped in from our support line we can conclude that a bullish move to 1.32300 as a TP1 and possibly to TP2 @ 1.32630 for an additional 33 pips.

Expect a test of Dynamic Resistance at the 200 EMA.