The pound dollar is moving in an upward wave. We expect the continuation of the rise from the purchasing liquidity support area at 1.3522 levels, to target the selling liquidity resistance area at 1.3701 levels, from which we expect the week’s top to form.
But in the event that a four-hour candle closes below the level of 1.3488, we expect the beginning of the decline and targeting the purchasing liquidity support area at 1.3377 levels, from which the bottom of the week is expected.
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