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lobfxempire
Oct 12, 2020 7:40 PM

GBP/USD: Short-term SHORT Short

British Pound/U.S. DollarFXCM

Description

3 pin formation formed on GU 2 hour timeframe indicating bearish movement, also price is in an ascending channel. Price is at the resistance line of the channel, so price has to retrace before going up so more. I have a median marked off between resistance and support of the ascending channel Price will at least reach that area before moving up or down more
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