If you compare the Daily Chart of both GBPUSD and EURUSD you would find that they have a very different trading setup.
On the GBPUSD, we have an ABCD Pattern as a counter-trend trading setup. Conservative traders could wait for a pullback to recent support at 1.2447 for a buying opportunity.
On the GBPUSD, we have an ABCD Pattern as a counter-trend trading setup. Conservative traders could wait for a pullback to recent support at 1.2447 for a buying opportunity.
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