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Saoldric
Feb 19, 2015 9:24 PM

GBPUSD channel bottoming 

British Pound/U.S. DollarFXCM

Description

im looking for a downwards move to the bottom of the multiyear channel. Im then going to look for a long trade towards the median line.

we have divergences across the macd. Weekly is oversold and daily is overbought. Im looking for this to form a bottoming pattern over the next few months.
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