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Gbpusd gap down 40 pips

Gbpusd opened lower with a gap almost 40 pips , currently trading at 1.2914$ ... The pair has strong support at 1.2885-1.2905$ area.

You can long the pair at that area targeting a close of the gap.

Ofcourse , the pair is down on the latest brexit news from the weekend.

Brexit talks and the single market deal will stay as a catalyst for the pair. It is recommended to go long anywhere near current levels .

Technically , The pair will turn strongly bullish after breaking 1.3020$ area on the 4h chart.

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