GBPUSD – Flat
GBPUSD is exhibiting a strong bullish sentiment. The market is currently forming the minor wave „c“, and your target for this wave is at 1.2845. The price has been moving in line with your previous analysis, indicating that the bullish momentum is intact. In this scenario, if you have already placed a buy order and it is currently in profit, you can consider moving your stop loss to breakeven. This action helps to protect your profits and reduce the risk of potential losses.
Trade Recommendations:
We’re long
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