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GBPUSD Weekly Short

Things aren’t moving in favor of cable and the long-term image is really bad for it based on fundamentals.

Below is the weekly chart:

GBPUSD Short

The blue line is 100 MA and as you see the last four weeks shows strong price rejection, shorting from here allows you to target the 1.20 and set a tight stop around 1.35.

The position Risk:Reward is really good!

Ahmad Noman Musleh
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