There is a likelihood of GBP gaining ground this week especially if today's candlestick is bullish. All we have to remember is that relative to last week, prices are down 80% and on Friday, March 3, some bullish candlesticks printed in the 4HR chart. What is important now is a follow through and rejection of lower lows. If bulls clear Friday's highs in the daily chart then we can as well fine tune entries in lower time frames and look for long entries.
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