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Change in bias on GBP/USD

by Saul L, October 3, 2021

GBP/USD D1 SnD

by Saul Lokier October 3, 2021

7
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GBP/USD

|

Short

|

D1

Timeframe:

D1

Analysis Method:

SnD

Analysis:

Price broke the 1.3600 key level to the downside, changing the bias to bearish. That level is now a resistance and there are some clear supply levels as well in the chart.

Trade Plan:

look to sell the resistance or the supply after price action confirmation

Risk Management:

stop above supply area

Things To Watch For:

fundamentals on GBP and USD to reverse actual trend

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