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PipPhenes
Jan 20, 2020 4:21 PM

GBPUSD Long Tight Risk Long

British Pound/U.S. DollarFXCM

Description

Bottom supporting trendline, holding. + support structure.

*Don't forget about Brexit at the end of this month!

GBP -> BXY -> *could go either way -> Betting on BXY strength

+COT Data -> GBP = Strength


Add in USD -> DXY -> Bearish (weakness)
+COT Data -> USD = Weakness
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