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GBP/USD analysis | Oct 7, 2020 | Forex Fund Manager | Keon Consultancy

Writer: KeonConsultancy.comKeonConsultancy.com

GBP/USD turned down from the resistance made by previous swing high, which also is a confluence resistance as it is FIB 38.2% level of the whole move down.


We entered a sell trade as the Cable retraced up after breaking out the trend line.



 

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