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DavionL
May 4, 2016 3:26 PM

GBPUSD Short

British Pound/U.S. DollarFXCM

Description

Potential down side move, price has hit the recent structure resistance, it is so close to 50% fib retracement so similar to the previous price movement. there is a chance that the price will do the same thing again. however we have to be careful as the RSI is showing a divergence at the moment.
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