liron14
Short

GBPUSD strong resistance area reached

FX:GBPUSD   British Pound/U.S. Dollar
81 0 0
gbpusd             reached 1,5530-40 area which represents strong resistance point. W and M trends are down. Last month we saw nice Fibo retracement and the wedge is becoming very narrow now so not much more space to dance ove there. Wexpecting some serious move down soon. Trade offeres nice RRR             1:4.
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