FX:GBPUSD   British Pound / U.S. Dollar
Preferred direction: SELL
Comment: The trading idea of shorting the pound has been fully worked out. Level 1.22370 has been reached. At the moment, another small downward movement is expected. Most likely, before the weekend, sellers will shake out short-term buyers as much as possible. After which, at the very close, we can most likely expect a slight recovery towards the level of 1.22370.

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