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03.03.2020 10:40 AM
GBP/USD approaching resistance, potential drop!

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Trading Recommendation

Entry: 1.28595

Reason for Entry: 100% fibonacci extension, 50% fibonacci retracement, horizontal overlap resistance

Take Profit : 1.27247

Reason for Take Profit: Horizontal swing low support

Stop Loss: 1.2912

Reason for Stop loss: Horizontal swing high resistance, 61.8% fibonacci retracement

Dean Leo,
Analytical expert of InstaForex
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