danielab
Short

GBPUSD Short Position

FX:GBPUSD   British Pound / U.S. Dollar
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A short position utilizing horizontal resistance/support lines, a Fibonacci retracement , and an ongoing downward channel on English political uncertainty (elections), British inflation worries, and a nearing Brexit deadline of Jan. 2020.

Note that the rally from October 10th began because of statement, from British and European leaders, stating that they can see a pathway to a deal, which is bullish news but not very solid news.
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