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The pound has breached the initials lows around 1.3215 that were formed right after the drop after the Brexit news. The fact that this low was breached and did not act as support for a sustained rally, indicates that traders anticipate GBP to remain weak for some time. This creates an opportunity as...
Looking to go long on a confirmation of the 50% retrace holding. If we Break Will Short to that 61.8 % and look to go long at this level. If that breaks will hold short with a trailing stop Loss
