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SuperForex
Mar 20, 2019 10:19 AM

Volatility increased Short

British Pound/U.S. DollarFXCM

Description

Now we are seeing a decline in the pair amid expectations of the Fed decision on the interest rate. Summary technical analysis indicates a purchase. However, we believe that the pair will go down to the levels of 1.32 and 1.3135 as it is now fixed below the MA (36).

Therefore, we advise you to take short positions in a pair and set take profit near the above levels.
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