(update) Prepare your short position

FX:GBPUSD   British Pound / U.S. Dollar
122 3 1
As predicted we are entering the red area.We see some bull power here, but more then bull power are short term profit taking from short term short position. Between 1.60200 and 1.6080 i see the continuation of the down trend

Don t forget about the SL at aprx 1.609.
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