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GBPUSD Analysis Nov 1, 2020

Short
FX:GBPUSD   British Pound / U.S. Dollar
On the monthly timeframe the moving averages are crossed blue over red and we formed a doji candle last week above the moving averages. On the daily timeframe we just formed a LH so more sellers then buyers are in control. On the H4 timeframe we are hitting a level of support. Down to the h1 timeframe I won’t look for short opportunities until we form a LH below the level of support.
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