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Jul 19, 2019 6:45 PM

GBPUSD Sell Signal Short

British Pound/U.S. DollarFXCM

Description

Pattern: Channel Down on 1D.

Signal: Bearish as it was rejected on the Lower High zone.

Target: 1.23800 and 1.22600 in extension only if the dashed line breaks.
Comments
BDG
I expect the British Pound to continue to fall as Oct 31st draws nearer. Let's hope Boris Johnson wins and carries out the will of the people instead of being another hand puppet for the elite like his predecessor was. If so, it may be the first time in generations that a Prime Minister of Britain actually decided in favor of the people over their masters. As Oct 31st draws near, no doubt there will be plenty of dead horses thrown on the road to impede Mr. Johnson's journey for autonomy.
GoldenRatioTA
From what level would you enter the short? Many thanks!
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