As we wrote in our Analysis from 05.01.2022, the currency pair GBP/USD was at a strong level of Resistance and we expected a downward movement. Our STS_MA_Distance_Bot opened a short position with a target of 10 EMA on the Daily Chart. The price almost reached its target and we defended the open position for small profit because the downward movement was not strong enough. The price came back and closed the position for small profit. As the conditions for a downward movement are still valid and we will continue to monitor the pair next week.
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