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Bouncing from 1.618 ext of downward move, building bullish divergence
I'm short from the top of the right shoulder
SHORT from 12919 to ascending trend line and beyond
Confluence of long term trend line and fib line - LONG to .7744 and beyond
It is possible that right shoulder is forming on GBPUSD. Price bouncing off a long term .382 Fib neckline.
Long to top of shoulder then short...