GBP/USD perfect spot for a move

OANDA:GBPUSD   British Pound / U.S. Dollar
GBP has been bearish and we can all see it, but right now its flirting with a short squeeze. Last zone of defense for sellers is the 1.28 area.. if we can break that lot of stops will fuel us to a move up. If buyers fail and break support again we will be seeing a lot more downside. Keep an eye on DXY as it will help on knowing what is up.


lets choose the down movement.
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