USD GBP Short Techanical Analysis
Updated
The monthly chart is still in a down Fibonacci ABCD swing with the D extension at 0.9238 suggesting that POUND will weaken substanstially to the Greenback over time. The Weekly Fibs are also in a Down ABCD swing. The Daily counter trend line has been broken to the downside and confirmed. I am turning to the lower time frames and looking for selling opportunities.
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