03/02/2023: Real-Time Analysis on GBP/USD

Yesterday was rate announcement from the Bank of England and we saw the GBP/USD sell significantly since the speech of the governor.

Price is now at 1.2200 support area if you consider the lows of January 16th and 17th. 

Price has also formed a bullish reversal Pinbar of this support and pushing higher.

Verdict:

We will be entering our positions in the signal group.

Do you also take trading as a serious business, then you should be a member of our VIP signal groups today.

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