vaslcapital

GBPUSD in a bearish trend

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FOREXCOM:GBPUSD   英镑/美元
Given that GBPUSD is still trending bearish, we have two scenarios to take a short.

1- The market breaks the current support, validates the breakout sell of the support, retests and rejects the support turn resistance.

2- Market ranges and pushes up to the resistance level. Makes a rejection and plummets.

Till this setup plays out, we will continue to look at this setup.

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