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GBPUSD Three reasons to sell or short

FX:GBPUSD   British Pound / U.S. Dollar
a. 1.3850 to 1. 40 marks a zone that was the floor for prices in 2016.
b. Cycles of 60 Days has been a consistent predictor the past year, we are in the cycle peak zone.
c. The RSI is at extremes and previously at this level (see Oct-16) GBPUSD pulled back 3%.

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