GBPUSD Recovering and Looking Bullish!!!!

As we can see, price consolidation is occurring near the 1.1500 level and yet to break that price level. Since GBPUSD have reached its low, as for now I will potentially draw a support level at the 1.1480 price level. It looks very optimistic for a trend reversal at this point with candles losing its bearish strength. If bullish momentum takes place, I could see this pair going all the way to 1.2045 price level.

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