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GBP/USD Weakness to continue.
British Pound / U.S. Dollar
Short
GBP/USD Weakness to continue.
By Matrik888
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Updated
Jul 15, 2019
5
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1
Jul 10, 2019
Wait for a pullback to 1.2560 to short to 1.2360. Over 80% of retail trades are long so this is a contrarian signal against retail crowd.
Jul 15, 2019
Note
Stop limit can be now moved to break even and we can let the position run down to 1.2360-1.2380 mark
Jul 16, 2019
Note
Target 1.2360-1.2380 almost reached. I will close the position before CPI number is publish tomorrow morning. Stop limit can be moved to 1.2515
Trend Analysis
Matrik888
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