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shoaibghauri93
Nov 22, 2019 6:03 PM

GBPUSD Short (Long Term) Short

FX:GBPUSD240
British Pound/U.S. DollarFXCM

Description

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  • Looking to short GBPUSD TO 1.28000 range.

  • Buying GBPUSD from 1.28000 range to 1.29000.

  • Selling GBPUSD from 1.29000 range to 1.25000.



We will be waiting on price action to confirm entries at the ranges.

Note: This is a long term analysis that may or may not play out, we will be using intraday accuracy based strategies to ride the trends.

Trade active

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1,29 Sell Activated
Trend AnalysisChart PatternsTechnical IndicatorsGBPUSDgbpusdshortguEURUSDeurusdshortBTCUSDUSDCADGBPAUDforexsignals
Comments
T4h3iD
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I think the price can move down to 1.282 easily due to the gap that it had left open, also there is a Head and Shoulder pattern on both 4hour zoomed out looking at the month and the 1hour chart looking at the day
T4h3iD
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@T4h3iD, Along with the price sitting at 1.29 round number
T4h3iD
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You dont think price will break out above 1.29 onto 1.30?
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