GBPUSD – 24h expiry The primary trend remains bullish. The selloff has posted a correction count on the daily chart. A move lower faces tough support and we remain cautious on downside potential. Risk/Reward would be poor to call a buy from current levels. The preferred trade is to buy on dips. We look to Buy at 1.2725 (stop at 1.2693) Our profit targets will be 1.2805 and 1.2825 Resistance: 1.2785 / 1.2825 / 1.2870 Support: 1.2725 / 1.2700 / 1.2655 Risk Disclaimer The trade ideas …

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