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fahimtraderfx
Aug 4, 2018 7:24 PM

Long GBPUSD Long

British Pound/U.S. DollarFXCM

Description

Fibonacci reversal 38.2 level as well as a flag pattern. Fundamentally speaking, Interest rate increase, ignore the other garbage stating otherwise. Basic fundamentals: An increase in the interest rate increases the value of the currency. Exports cost more, Imports become cheaper.
Follow at your own risk...
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