OANDA:GBPUSD   British Pound / U.S. Dollar
1. PRICE IS IN A DOWN TREND
2. PRICE IS CURRENTLY CORRECTING INDICATING A CONTINUATION OF THE DOWNWARD IMPULSE
3.PRICE HAS MADE A NEW LOW AND A LOWER HIGH BACK INTO RECENT RESISTANCE
- ID EXPECT PRICE TO BREAK OUT OF THE CORRECTION TO CONTINUE THE DOWNWARD MOVE TOWARDS THE 1.2900 AREA OF SUPPORT
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