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FibnFork
Feb 17, 2018 12:00 AM

GBPUSD outlook Long

British Pound/U.S. DollarFXCM

Description

Another week of dollar weakness pushed cable to close above the 1.4 handle. Levels to the upside will be the trend line now in place, and 23.6% retrace of 2008->2016 lows. Downside will be the long-term median pitchfork line & previous channel along with the fibs off cpi low->high.
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