GBPUSD Morning Star (Doji) Hourly Chart

Resistance: 1.6138 strong / 1.6182 moderate / 1.6215 minor Support: 1.6105 moderate / 1.6061 minor / 1.6028 minor GBPUSD has a bearish bias though Hourly charts has formed a bullish reversal pattern Morning Star (Doji). With a strong resistance at 1.6138, the Pivot Point, just ahead of the pattern the preferred course of action is to wait for a push past 1.6138 before buying. Immediate target is 1.6182 then on to 1.6215. Stops should be placed below the patterns low. For pattern explanation

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GBPUSD Morning Star (Doji) Hourly Chart

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