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To open long positions for GBP / USD, you need:
The break and consolidation above the level of 1.2789 will be a good signal to buy the pound in order to update the high in the area of 1.2847, where I recommend fixing the profit. If the pound is lowered in the morning, only a false breakout and a return to the level of 1.2739 will signal a pound purchase. Otherwise, you can open long positions for a rebound from 1.2677.
To open short positions for GBP / USD, you need:
The formation of a false breakout at the resistance level of 1.2789 will be another signal for sales. The main task for the first half of the day will be the consolidation below the support level of 1.2739, which will lead to another large wave of sales in GBP / USD in the expectation of renewing the area of 1.2677 and 1.2594, where I recommend fixing the profits. In the case of a pound's rise above 1.2789, short positions are best sought after the resistance test of 1.2847 and 1.2893.
Description of indicators
MA (average sliding) 50 days - yellow
MA (average sliding) 30 days - green
MACD: fast EMA 12, slow EMA 26, SMA 9
Bollinger Bands 20
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