GBPUSD: possible long scenario

British Pound/U.S. Dollar FX:GBPUSD

GIgor_021

Buying GBP might be an opportunity for longer term dollar bears.

Joining bulls in GBPUSD from around 1.2350 price level with S/L below 1.2090 and T/P around 1.3280 provides decent R:R.

First major resistance level is around 1.2640 price.

Make your own analysis before entering position.

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