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TheAnonymousBanker
Apr 19, 2015 9:54 AM

GBPUSD: false break of the lows or bearish continuation? 

British Pound/U.S. DollarFXCM

Description

The technical situation on the cable needs further clarification, elections approach UK (May 7) and historically has seen a weakening of the pound, so it will be this time? I do not know if it will be so, but this week will be crucial, so my approach will be defensive, and if I will enter to the market, I will do it with reduced size.
It will be important to monitor the opening and especially the closing on Monday to find out if the cable will definitely going to see new highs or new lows

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Comments
leonov.v
1,4978-YPS1
TheAnonymousBanker
Thanks Leonov!!!!!!!! Sorry!!! Not YPP but YS1!!!!! Thanks Leonov thanks!!!!
AristotelCostel
It seems that "at least 1.5056" was true.
IvanLabrie
Excellent, this is a pretty safe bet short.
AristotelCostel
Short at 1.502-1.5052, but but but I was expecting to see at least 1.5056. If it goes up early next week I will add shorts with both hands.
TheAnonymousBanker
but.... but.... always " but"! :) ...good sunday Aristotel!
Wsnews4investors
I lite it
TheAnonymousBanker
:)
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