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RandyFuego
Jan 1, 2020 4:54 PM

GBPUSD Selloff time 1D (Swing) Short

British Pound/U.S. DollarFXCM

Description


As shown on the chart, the GBPUSD has reached the top of the daily descending channel. We expect bearish signals from here, possibly triggering further downwards momentum. the ongoing pessimism about post brexit Britain might continue this selloff to even lower prices.

Simple trend based Idea yet effective.
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