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ArthurRogers
Dec 29, 2018 4:48 PM

GBPUSD Analysis Short

British Pound/U.S. DollarFXCM

Description

Overall Bearish on this position. Recently touched the long-term ascending trendline. 14 and 50 EMA below, and it has also made HL and HH indicating upward movement in the short term. I will wait for a strong break of this upward structure before entering any short positions for now.

Comment

Strong bullish break, trade negated.
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