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EUR/GBP/USD Triad

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43 minutes ago, dmedin said:

maybe we should short the pound

My target remains as before, the 12,300 area but GBPUSD can be capricious so I preferred EURGBP, which is going well and at the beginning of a wave C.  I am anticipating a bearish retrace (1-2) on the wave C in due course, which would offer a good entry into the long wave 3 of C.

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