thetradedoc

GBPUSD at the crossroads.

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thetradedoc Diupdate   
OANDA:GBPUSD   Pound Inggris / Dollar AS
On the weekly timeframe, GBPUSD has come back down to previous resistance turned support AND the line of an uptrend. What do we think? Personally, I am short. Last week's indecision candle was met with higher than normal volume followed by a continued selloff. A break below could mean big red soon.
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