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Wait | 10 June 2021

10 June 2021, GBP/USD

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Wave Analysis

The British pound is currently rallying within a range, not going below 1.40884 or above 1.4236. As long as the price remains within this range, we are only interested in trading reversals. We are waiting for a rebound from the upper level 1.4236 to pick a sell and a bounce from the lower level 1.40884 to pick a buy. And in case the price breaks below the lower level 1.40884, then this will be a good place to consider a possible long term sell position. The anticipated bearish price rally is the continuation of the impulsive wave (c) to the lowerside and should break below 1.40315.
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Profit within arm’s reach The strategy's profitability over the past year and a half was 129%. The strategy has simple and understandable rules, trading on it takes 5 minutes a day. Inside you find the level of opening positions, Take Profit and Stop Loss levels. To ensure profitable trading, implement the FreshForex strategy today: 1) Deposit $90 or more in your trading account from June 2 to June 29, 2021. Your deposit is fully available for trading. 2) Send a request to school@freshforex.com and specify your account number. Make a note in the email that you want to receive a strategy.

Bob Stan
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