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Hello traders good to be with you and this pair the GBPUSD is so interesting as we had the Brexit vote and I feel that really no one was ready for the result of the vote. So i mention this as we see this pair fall off the cliff and I would say we will continue to be bias bearish for a long time. Traders so we just have to be patient when we see a correction or you might say a stop run. So today we are looking for an aggressive pullback to the R1 pivot at the price level of 1.3227 and look for a bearish formation and enter a sell trade. I would look to take profit at the support as I have marked on the chart.I am looking for the price of 1.3091.

Thank you traders and we will talk soon…….William

FX Instructor Forex Blog – For Traders, By Traders

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