FX:GBPUSD   British Pound/U.S. Dollar
As discussed in the crude oil             post ,
Bottom pattern on Crude Oil
, sterling have fundamental support for a bounce.

From the technical perspective, it broke descending trendline and it´s builiding higher lows. I favour countertrend longs with adjusted stop below 1.4850 on a daily close .

Comments & feedback are welcome
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UPDATE : Trade was stopped out . Today pair is boucing, so it could be a matter of stop hunting. If it closes today above 1.4850 I will re-attempt longs
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