BullBearMkt

H4 Extreme Pessimissm, Cable Most Likely To Reverse - 192 pips

Long
FX:GBPUSD   British Pound / U.S. Dollar
Selling has reached extreme level on H4 for GBPUSD. Any more selling pressure will see cable reverse for a short term rally. Risk - Daily is still more bearish and a rise in price towards 1.30502 can drag price back to 1.29

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