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fibsfriend

Short from 1.474

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
fibsfriend  
FX:GBPUSD   British Pound / U.S. Dollar
Trend Lines AB=CD Support and Resistance
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trendline abcdpattern supportandresistance
Short from 1.474. Why?

If it reaches that area soon we would have the following:

1. Top of weekly channel
2. Nice AB=CD
3. Area has acted as an important reversal zone over the past decade

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