British Pound / U.S. Dollar

Short

GBPUSD SHORT TREND

Updated

GBPUSD clearly in a downtrend since US FED Hike yseterday. expecting a retrace soon on trend line. Taking profits from yesterday FED hike at line. Will be waiting for the retrace to re enter SHORT again

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Price retraced to 382 and found resistance.

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Wave (3) hit and found support. Lookingfor a retracement to wave (4).

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Looking for GU to retrace to (4). Then back down to (5).

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