SamKent

GBP/USD Trendline+Stochastic technical short

Short
FX:GBPUSD   British Pound / U.S. Dollar
0
Fundamentally, we're looking to short this market in the short term, as the pound is weak overall and the dollar is still maintaining some of its strength. This kind of technical situation is our chance to rejoin the overall trend, with a trendline resistance backed by a slow stochastic cross back from overbought in a downwards market.

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