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jasperlawler
Aug 1, 2018 7:39 AM

Staying in line with GBPUSD bearish daily trend Short

British Pound / U.S. DollarFOREX.com

Description

Bearish in line with daily price trend - bullish risks from price holding 1.30 after a BOE rate rise

Scenario A) - price breaks rising trendline on 4hr chart to test support
Scenario B) - price moves for another test of 1.32 - 50 DMA before resuming decline
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