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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:


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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