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We're look for a long position.

We're look for a long position. | 03 October 2018

03 October 2018, GBP/USD

We're look for a long position.

Wave Analysis

During the previous trading day, the cable traded massively to the lowerside but failed to break below supportive trendline. As long as the price remains above this level, we expect a possible momentum to the lowerside with an ultimate target at 1.3265. And should the price break below the immediate trendline, then we'll expect a possible momentum to the lowerside, with this short position, we'll be looking to take profit at 1.2775 and the next ideal target at 1.2705. You can still look for short position now.

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We're look for a long position.

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