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YaroslavBirchenko
Mar 22, 2019 12:16 PM

Counter trend break and retest Short

British Pound/Japanese YenFXCM

Description

Pound weakness needs to be capitalized on. The political uncertainty around Brexit is at an all time high and the pound is showing weakness despite strong employment and CPI data sets.

Technically the currency pair is exhibiting strong bearish signals. On the daily timeframe price has dropped below the 50EMA and 200EMA signaling a high probability of a continuation after the retest of the broken trendline. For more information please visit my youtube video.
Comments
YaroslavBirchenko
click : youtube.com/watch?v=hh9QUrwczlA&feature=youtu.be for more info on this trade and others.
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