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GBP USD Forecast update October 21 2021

GBP USD Oct 21 2021

GBP USD appears to be respecting the triangle we drew on the 8th September.

This means we could be in a position to take a short entry on the currency pair.

A note of warning though – there is not much downside on this trade – 134.70 at best, making the risk/ reward ratio much lower than we would like.

GBP USD Oct 21 2021
GBP USD Forecast Update October 21 2021
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