Mihai_Iacob

GbpUsd- to maintain its range

Short
OANDA:GBPUSD   Livre sterling / Dollar américain
After reaching a local high at 1.4250, GbpUsd corrected around 500 pips and found support in 1.38 zone
The pair is trading in a very well-defined range now and I expect to continue to do so.
1.4 zone is resistance and, in my opinion, this resistance should be sold
Only GbpUsd back above 1.41 would negate this scenario

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