GBPUSD Long - 5/4/2021

Hello Traders !

GU is showing some bullish pressure so we can definitely join this event. How can we do that ?
Easily wait for the price to retrace to our 0.618 fibonacci level and then execute your trade on lower timeframe. We can expect more of the upside move very soon.
USD also seems to me a bit weak this week so this is another confirmation for our setup.
Beyond Technical AnalysisFundamental AnalysisTrend Analysis

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