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GBPUSD Analysis October 4, 2020

Short
FX:GBPUSD   British Pound / U.S. Dollar
On the weekly timeframe we are in a downtrend and currently in a consolidation zone. On the daily timeframe we are still in an uptrend and moving to the upside. We will need to break structure on the the H1 timeframe before we consider any sort of short opportunities. If we see a clear long opportunity at a HL point we will look to go to the upside.
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