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Feb 28, 2017 10:02 PM

GBPUSD setting up for a massive spike up 

British Pound/U.S. DollarFXCM

Description

GBPUSD is in a lengthy and massive consolidation phase, with waves going 100 to 200 pips in each direction. I am anticipating a spike higher to complete the B wave correction up that has the high probability to move very quickly, followed by an equally fast move down. Nice trades coming, good luck to all.

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