GBPUSD Analysis
GBPUSD is moving up and down between the resistance and support zone.
After the confirmation of breakout at the resistance zone in the 30-minutes time frame chart, GBPUSD Buy signal is given.
The Pfizer/BioNTech vaccine has been granted emergency authorisation by British regulators.
The first doses are expected to be rolled out from early next week. This brings a piece of big positive news for the UK economy.
Fundamentally GBP remains stronger which gives double confirmation on GBPUSD Buy trade.
GBPUSD reached the take profit target successfully.
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