Παρασκευή 22 Ιανουαρίου 2016

Technical Analysis GBP/USD

The fx pair GBP/USD is in a larger downtrend, and we expect it to revert back to it's channel on back of dismal retail sales data which was far worse than the forecast. This is a temporary overbought position and we look to go short as soon as the sellers gain momentum.

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