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British Pound / U.S. Dollar

Trend following on GBPUSD

By ChrisJV
Updated
After a lateral moment, the price went out the rectangle and we can trace a trendline using the two low. In my opinion the price is retracing till the next level wich is in the fibo retracement of ABCD pattern. Probably it could test the trendline, reach the D point and retrace again
Order cancelled
AB=CDfollowinglevelpatterntomhall
ChrisJV

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