memoo040607

GBP/USD TREND-Lines

Short
memoo040607 Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Market is approaching strong trend-line,

Anticipating the break out, RSI 1hr, 4hr and 1D is already oversold.

In 1H timeframe the 50 MA is acting as support and the 89 MA is the strong support. if the market break we are looking for a big drop on this pair.

Sell now or wait for the breakout.
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