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Today's Trade

GBP/USD
- Long Term
Looking at the GBP/USD monthly chart we can see a sideways movement between levels 1,70 - 1,40. Since the minimum price of January 2012, we are ranging with top at 1,64 and bottom at 1,48. If we Break up 1,64 level, the path will be free to return to the top at 1,70 area. - Medium Term We have an ascending uptrend since we broke up the 1,58 level. If this trend continues we may breakout the 1,64 level. - Short term Also in uptrend, currently in a correction. At the moment we …
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floge 12 Dec.

is breaking down. order cancelled

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floge 12 Dec.

maybe now we have already seen the low of the day, and the setup remains intact. lets see if price goes higher

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floge 13 Dec.

overnight the setup was dismantled, no more longs for now

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GBP and her long term descending line

what a headache looks like :-D
will she break it?
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GBP reprise

Still near the long-term descending line. Crystal ball, please please tell me if she will break it...
cant upload image, server says: "upload error 500". Please see the line on the GBP previous post in this link
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geula4x 24 Oct.

+1 Liked: IMHO let's see if 1.6300 resistance area will continue holding... Happy trading :-)

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floge 24 Oct.

yea :-)

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GBP/USD near a long-term descending line

will break it?
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