FX:GBPUSD   British Pound/U.S. Dollar
149 0 7
Posted this idea a few weeks back as I thought the GBP had been sold off quite a lot recently.

We have had a rejection from point 2, and now price is making its way towards point 1 (1.2870). You can put your stop below the trend line (point 2). With your take profit at point 1 (1.2870). The next major point of resistance will be the moving average (SHOWN IN RED). As with all things, the US election will decide if we move higher or break lower.

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