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DRSK1993
May 16, 2020 3:13 PM

GBPUSD 

FX:GBPUSD1D
British Pound/U.S. DollarFXCM

Description

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Approaching cycle low but RSI keeps putting bearish readings. A push to 1.20 likely before some rebound.
Based on the strength of the rebound, we may consider shorts in GBP with targets around parity.
Trend AnalysisHarmonic PatternsTechnical IndicatorsGBPUSD
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