Buzz_Leighton

GBP/USD MASSIVE downtrend continues!

Long
OANDA:GBPUSD   British Pound / U.S. Dollar
Downtrend continues...

The price is currently at 1.2123.
I expect the next leg down (shown by the arrow). The purple line is the next buy point, expect a possible trend reversal here (around 1.205).

This downtrend towards the buy point is also supported by the bear flag shown by the trend lines. The price could also move up a little before making the next leg down.

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