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GBP/USD Continuation

GBP/USD Continuation

Bearish  

GBP/USD is currently at 1.3733 in a range and channel. We may have one more down move. We are looking for a move to the ATR Target at 1.3648 area. A further target is at the S5 at 1.3542. Watch the USDX for any change in direction. The ATR for the pair currently is 89 pips per day. 

GBPUSD continuation

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