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May 7, 2018 8:56 PM

GBPUSD base formation Long

British Pound/U.S. DollarFXCM

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First base formation OVER the 15m 200ma since April 13th. Next higher high could trigger long setup. In anycase I will remain with a feeler or 1/4th position due to big catalyst news due on thursday morning from Bank of England, expecting a shakeout and then real setup there.
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