FX:GBPUSD   BRITISH POUND / U.S. DOLLAR
Possible entry for a reversal or just a technical "false signal"?
Hello livingstontrading , look farther back to yrs. 2000 - 2002 and deeper @ 1.4000 if the currency wars are really on!
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yes of course the 1.50 is not an all-time low. However it's without any doubt a psychological level we rebounded from twice in 2013. Trend is clearly bearish but I wouldn't enter short here...
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