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UnknownUnicorn4603937
Apr 21, 2019 7:35 PM

Short Short

British Pound/U.S. DollarFXCM

Description

GBPUSD is forming an expanding triangle in the daily chart. So this structure tells us that
this currency pair is in a down trend right now. I won't recommend anyone to short this currency because taking a short position right now would be a high risk, instead we should wait for the price to form a corrective structure or a pullback then sell this currency pair.
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