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We continue selling

15 August 2016, GBP/USD

Having drafted a horizontal triangle, the price started slowly sliding down. At the same time, sellers are choosing a strategy of gradual decline. However, acceleration should happen in the near future. My earlier opened sell trade is in a profitable stop loss, so in the future it will be possible to search for more Sell entry options.

The most appropriate entry point is Low, at which you can set a Sell pending order.

Vasiliy Lukin
FreshForex Analyst
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