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Lanmar

British Pound setting up for a big move down before August 2018

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
Lanmar Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Chart Patterns GBPUSD
10
2
chartpattern gbpusd
On July 2017 I published the long term risks associated with the British Pound once we would reach the pre-Brexit USD fx rate. Nearly 1 year later we are now in the pre-Brexit zone. I think late spring/early summer will reignite the bearish trend lower. I am not short yet. I am waiting for a break of the curve or high 1.40s (>1.47).

July 2017
To my British friends, asset holders, and investors...
Comment:
Price is now resting on the curve.
www.tradingview.com/x/
I am prepared to short if the right price action signals it.
Comment:
Comment:
daily confirmed
snapshot

weekly confirmed
snapshot

Short from 1.4120
Trade active
Comment:
+1100 pips so far.
Trade closed: target reached:
Profit taking time. Closing shorts, now looking for longs.

snapshot
Comment:
Beautiful reversal from targets. Went long at 1.30xx
snapshot
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