Killy_Mel
Short

MACRO VIEW: GBPUSD MACRO BREAKDOWN RISK

FX_IDC:GBPUSD   POUND STERLING / US DOLLAR
GPBUSD is risking to enter into a downtrend on quarterly basis, with price falling out of flat lower 1st standard deviation from quarterly (66 day) mean at 1.5390

As long as price trades below the level, risk of further downmove is very high - it can trigger volatility expansion
(marked by 3.2 standard deviations from quarterly mean)

The risk is only cancelled if price traded up to reach its quarterly mean @ 1.5570
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