J4XLG

GBPUSD SELL LEVEL 3 TO LEVEL 1

Short
OANDA:GBPUSD   Livre sterling / Dollar américain
7
As expected often. When pairs hit level 1, they sometimes tend to retrace back to level 3 to develop a multi session formation. I expect GU to trade within channel line range for the simple reason that with the British Pound finalizing article 50 last week, its pretty difficult to see this pair climbing higher then the actual channel line range. Its safe to say that we should expect it to fall. Possible Stop hunt high may take GU to as high as 1.2630 before the fall. Check mark up for possible sell limit pending points for prime entry. Thank You All for all of your Support!
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