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ZenTrader111

Linear regression GBPUSD

Long
British Pound / U.S. Dollar (FX:GBPUSD)  
ZenTrader111  
FX:GBPUSD   British Pound / U.S. Dollar
2
0
GBP-USD has recovered after selling pressures pushed the pair below the -2 standard deviation from the mean of the last 100 periods. The price action should tend higher and the RSI looks set to post a figure above 50.

Take profit at +1 or +2 standard deviation line.
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