GBPUSD | Rejected by Ichi Cloud

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Price was rejected by the 50 MA + Ichi Cloud resistance zone. Currently we have price sitting on the Mid Line of the Descending Channel. In case there is a confirmed breakout of the Mid Line we can initiate a short position

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Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.

The information given is not a Financial Advice.