bnjfx1
Short

2:1 trade on CABLE - Basic trade

FX:GBPUSD   Pound Sterling/U.S. Dollar
43 0 2
Price has bounced into the higher channel. I am anticipating a bounce lower after observing the spike. From the previous swing high to the swing low price is currently above the 61.8% retracement level which suggests a good place for a sell trade if you are bearish on cable.

Will be shorting this off the break of the candle looking for a 2:1
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