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KinkoHyoTrading
Oct 12, 2016 2:00 AM

Short is back on track. 

British Pound/U.S. DollarFXCM

Description

50% retracement, now need to ride it back to the bottom
Comments
a1ahmedss
Not for long - there is gonna be some heavy buying

The pound dropped on low volume, and now investors are looking into entering the pound strongly
KinkoHyoTrading
Thank you for your comment a1ahmedss. I said that because this is a strong resistance and the bearish move has a lot of momentum. for the trend to switch it will take at least to the end of the week. still short in it ! Good luck with your trading.
a1ahmedss
Thank you for your good advice :)
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