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TheConcierge
Jun 16, 2016 6:27 AM

GBPUSD Long

British Pound/U.S. DollarFXCM

Description

Pivot: 1.4130

Most Likely Scenario: long positions above 1.4130 with targets @ 1.4230 & 1.4285 in extension.

Alternative scenario: below 1.4130 look for further downside with 1.4085 & 1.4050 as targets.

Comment: the RSI lacks downward momentum.
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