lukelehepuu

GBPUSD CAUTIOUS LONG IDEA

FX:GBPUSD   British Pound/U.S. Dollar
189 0 12
We all know how volatile the GBP has been in the recent months. I do not expect it to die down, however with such a large move down I would like to take advantage of a possible bounce into some prior support as a short term play. Target is 1.2875. If this continues to go down we can cut losses quite quickly as it is uncharted territory.
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