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Pound and profit taking

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GBP / USD does not have any fundamental data that would favor its weakening. Indeed, the industrial data turned out slightly worse, but evidently on the pound we have a profit taking. As for me, the position only on BUY, after such a large discount.



Pound and profit taking


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What do you think of the technical side ?
In my opinion, all this movement is a "V" shape drain. 1,41427 This is where I will add to BUY.
The red line on the chart is the first, yesterday's support, which now, after the break (already as a resistance), should open the way up.
You mean to go long at 1.4142, but there is resistance at 1.4166, do you only make a profit of 20 pips?
No, I'm waiting until 1.42010

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