- Monthly : Triangle downside break from Feb still valid.
- Weekly : Back into old sideways range, but do not rule out another stab at the downside.
- Daily : Bear flag price action since mid Mar. Looks like breaking down now for another leg down.
- Trade : Short at 1.5355. Cheap trade. Cut loss if bear flag break doesn't perform. This should be evident fairly quickly.
13 May 2013
GBP/USD : Is it time?
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