datruth619

Trouble across the pond.

Short
OANDA:GBPUSD   British Pound / U.S. Dollar
Noticed somewhat of a inverted cup & handle forming on the weekly. Then started looking at the monthly and noticed when price broke below the 21MA(orange) there was a ~23% drop that followed. With all the uncertainties facing England this dropping to 1.00 in the next year doesn’t seem so far fetched.
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