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umeh_barry

Bear flag formation.Long opportunity around the corner.

Long
British Pound / U.S. Dollar (FX:GBPUSD)  
umeh_barry Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Chart Patterns
4
0
trendanalysis chartpattern
The pair is currently on a long term uptrend to possibly the 1.50 mark. Its currently in a pull back bear formation. Wait for the bear flag to break above before entering long positions.
Comment:
Great move guys. Bear flag broke as predicted and kept going up. We should be optimistic now about the 1.50 price. All trades should have been entered after the bear flag trend-line was retested.
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