waleedkhan
Short

GBPUSD LONG TERM FORECAST

FX:GBPUSD   British Pound/U.S. Dollar
GBPUSD             - Long term price forecast (After the dust settles with the Scot vote...)

based on a potential ab=cd setup & the fact that we might see a short term renewed confidence in the cable because of the 'no vote' which will eventually be curbed by the strong usd index...
Price might extend to 1.6445 tomorrow, which also happens to coincide with a 61.8 retracement of the bearish pin bar and therefore might be a good place to short...

However if it does extend beyond the that level than the "value box" area might come into play...
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I agree with you!
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