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Correction followed by new leg down

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
FXAutomate  
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis
2
0
trendanalysis
GBPUSD is currently seeing a correction that looks like it might still have a little ways to go. The resistance zone would be between the Daily 50 SMA @ 1.374 and the Monthly R1 @ 1.378. From there I expect the price to head back to support @ 1.341 before setting up for new lows.

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