LucrumEA

GBPUSD Short analysis, will go down , we are shorting it.

Short
EASYMARKETS:GBPUSD   British Pound / U.S. Dollar
After strong fall , GBPUSD recovered to 1.37, but we see strong resistance at range 1.3730 and next at 1.3840-1.39. Also this pair heavily overbought. At this point we have good R:R->3.4. That is why we are entering to sell.

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