💡Forecast for #GBPUSD🇬🇧🇺🇸
GBPUSD -> has fallen into the demand zone
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GBPUSD is moving in an ascending channel between the trend lines.

The price has fallen into the demand zone.

After reaching the current levels, the chart bounced and reached the upper boundary of the channel, but formed a descending top.

We expect a pullback within the channel.
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💡Forecast for #GBPUSD🇬🇧🇺🇸
GBPUSD -> Recovery after the Fall
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After the previous fall, the price not only came to the lower line of the channel, but also broke through it. (Check - Link)

However, the Resistance Level held and stopped the price. Moreover, I think that it will allow the price to gain strength (possibly with a small false breakout).

And in the end, we will see Good Growth. Our goal is a strong resistance level of 1.252.
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💡Forecast for #GBPUSD🇬🇧🇺🇸
GBPUSD -> pullback in the channel
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GBPUSD is moving in an ascending channel above the trend line.

The chart has reached the resistance level, which was the reversal point last time.

We expect a pullback after the end of testing the current level.
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💡Forecast for #GBPUSD🇬🇧🇺🇸
GBPUSD -> pullback from the rising wedge
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GBPUSD is in an ascending channel.

The chart has reached the upper boundary of the channel and is moving in an ascending wedge.

The price is trading near the resistance level.

We expect a correction.
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💡Forecast for #GBPUSD🇬🇧🇺🇸
GBPUSD -> double top at the channel boundary
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GBPUSD is moving in an ascending channel above the trend lines.

The price has reached the upper boundary twice, forming a double top.

The chart has formed a pattern AB=CD.

We expect a pullback after consolidation under the trend line.
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💡Forecast for #GBPUSD🇬🇧🇺🇸
GBPUSD -> pullback from the channel boundary
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GBPUSD has returned to the ascending channel.

After a sharp decline, the price reached the support coinciding with the 62% retracement level of the last bullish impulse.

We think that the chart will rush back to the support level after retesting the upper boundary of the channel.
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💡Forecast for #GBPUSD🇬🇧🇺🇸
GBPUSD -> rebound from strong support
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GBPUSD is moving in an ascending channel between the trend lines.

The price reached the lower boundary of the channel, bounced and is back above the dynamic support.

The chart also touched the support level, which has acted as a pivot point four times recently.

We expect the rebound to continue with a possible retest of the dynamic support.
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💡Forecast for #GBPUSD🇬🇧🇺🇸
GBPUSD -> bounce from the channel boundary
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GBPUSD is moving in a descending channel between the trend lines.

The price is above the lower boundary of the channel and has already reached it.

The chart reacted with a decline on touching the dynamic resistance.

We expect a rebound after the retest of the channel boundary.
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💡Forecast for #GBPUSD🇬🇧🇺🇸
GBPUSD -> decline in the channel
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GBPUSD is moving in a descending channel between the trend lines.

The chart is testing dynamic support after reaching the 62% retracement level.

We expect a decline after the resistance retest.
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💡Forecast for #GBPUSD🇬🇧🇺🇸
GBPUSD -> rising low is formed
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GBPUSD is moving in a descending channel between the trend lines.

The price bounced off the support level, which has already acted as a reversal point twice and which coincides with the 78.2% retracement level.

The chart has formed the AB=CD pattern.

We expect the rebound to continue.
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💡Forecast for #GBPUSD🇬🇧🇺🇸
GBPUSD -> pullback from resistance
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GBPUSD is moving between trend lines above the ascending channel.

The chart has reached the resistance level, which has already acted as a pivot point.

The price has touched the dynamic resistance.

We expect a pullback after the resistance retest.
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💡Forecast for #GBPUSD🇬🇧🇺🇸
GBPUSD -> pullback from the channel boundary
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GBPUSD is moving in an ascending channel above the trend lines.

The chart has reached the upper boundary of the channel and is now trading near the resistance level.

We expect a pullback after the end of testing the current level.
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💡Forecast for #GBPUSD🇬🇧🇺🇸
GBPUSD -> pullback from the channel boundary
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GBPUSD is moving near the upper boundary of the ascending channel, between the trend lines.

The price is under the resistance level.

The chart returned to the channel after an unsuccessful breakout of the channel and resistance level.

We expect a decline after a retest of the upper boundary of the channel.
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💡 Forecast for #GBPUSD 🇬🇧🇺🇸
GBPUSD -> correction completion
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GBPUSD is moving in an ascending channel between the trend lines.

The price has already reached the lower boundary of the channel and the support level coinciding with the 78.6% retracement level.

We expect the pair to continue rising after retesting the channel boundary and breaking the dynamic resistance.
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💡 Forecast for #GBPUSD 🇬🇧🇺🇸
GBPUSD -> double bottom
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GBPUSD is moving under an ascending channel between the trend lines.

The structure of the uptrend is not broken.

The price has reached the dynamic support and is still near the support level, which coincides with the correction level.

When trying to test the support, the chart formed a double bottom.

We expect the price to bounce off the support.
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💡 Forecast for #GBPUSD 🇬🇧🇺🇸
GBPUSD -> growth in the channel
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GBPUSD is moving in an ascending channel between the trend lines.

The price has consolidated above the 38.2% retracement level.

We expect the growth to continue in the channel just by retesting the dynamic support.
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#GBPUSD
🔥+207 PIPS

Excellent implementation of the forecast!
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💡 Forecast for #GBPUSD 🇬🇧🇺🇸
GBPUSD -> correction from the upper channel boundary
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GBPUSD is moving in an ascending channel between the trend lines.

The price has reached the 100% Fibbonacci extension level.

We expect a correction after the chart fixation under the upper boundary of the channel.
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💡 Forecast for #GBPUSD 🇬🇧🇺🇸
GBPUSD -> reversal from resistance
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GBPUSD is moving above the ascending channel and trend lines.

The price is moving above the resistance level, which was a reversal point downwards last time.

The chart has not yet consolidated above any important level.

We expect the price to start declining after the end of the test of the current resistance level.
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💡 Forecast for #GBPUSD 🇬🇧🇺🇸
GBPUSD -> pullback from resistance
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GBPUSD is moving in a local upward channel between the trend lines.

The price has already reached the upper trend line and resistance level and then reacted with a sharp decline.

We expect a pullback.
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